Bitcoin BTC crashing
Today the whole Crypto-market has fallen to almost 30%.Each and every altcoin is in a huge dip.Bitcoin(BTC) itself is crashing has fallen below $10,000. Every single person involved in cryptocurrency is scared and frightened.No,one knows whats happening in the market.
Is the Bubble going to burst?
This question is coming in the mind of every person right now.Those who were comparing it to bubble now are smiling.But,it’s not a bubble and it will never burst.Let me tell you in detail.
This whole panic condition is made due to the big players so called Whales.They have pull out their money not celebrate parties anymore but they are sicked of the Bitcoin prices as their profit has been low.
Now,as the BTC has fallen upto 50%, this is going to be their best time to re-invest their money and earn a huge profit.This is also time for newcomers to join the market.We may see new money in market & correct the current situation.
As you can see this chart , within 50 min,it pump to $10,050 from the lowest $9,049.These types of fluctuation can be seen till the next week.
What to do now?
Experienced traders right now will hold their BTC and other altcoins and will buy the dips.Panic seller will face the loss as this situation is not permanent and prices will recover soon.
This is the best opportunity for those who were looking to invest.Ups and down are part of every market.It happens in almost all markets stocks, Forex and others as well.
- Don’t sell in panic, just hodl .
- Buy the dips if you have money.
- Don’t invest in upcoming ICOs, invest in NEO(neither in XRP nor in ETH).
- Don’t ever focus on the rumors and do your own research before investing.
Disclaimer-Invest on your own risk in cryptocurrency. All the predictions are based on the technical tools applied.We are not responsible for any loss faced in market.**