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Crypto-fool
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Bearish
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Watch out for the
$BTC
correction. If it breaks the 99.9K level, it might bring the price to 91K, where it will bounce, but bear in mind that a broader pull-back is possible, reaching as far as 80K.
#btc
#Correction
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Patience is the key to making money when investing, especially in crypto, which is extremely volatile. If you don’t possess this crucial quality, quit or dollar-cost average the S&P 500. You don’t have to think about which asset to buy or when to buy and sell. It also eliminates the risk of being controlled by emotions. It can be frustrating to see your portfolio fluctuate in value, more so if you don’t know the reason behind it. In case you want to stay in crypto, I would advise starting with less money, studying the market, researching the coins you invest in, staying patient and not trading with leverage. #BeginnerTrader
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$BTC will probably reach a price of 100k - 102k. It might extend a little further but do not FOMO in, as I expect a final shove to the downside, taking the liquidity of one of the swing highs. Bitcoin didn't form any significant support after the bounce from 75k, so this correction might be sizable. I would highly suggest not opening any longs and reconsidering taking profits from your long positions sooner rather than later.
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Wif and Pengu are the only memecoins I would buy. Both showed strengh when BTC bounced. Unfortunately, I missed a great entry on Pengu.
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Buy the dip
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