I woke up to this mess, the market is bleeding
As I mentioned earlier, even though it didn't happen on that day, the decline in Bitcoin $BTC is currently occurring. Let's hope it doesn't fall below 99k. You shouldn't have panicked and sold at a loss.
Additionally, I mentioned in my last post about $PEPE that it would drop below 0.015 and that you should buy the dip, but that you shouldn't hang onto the meme coins for too long since it will dump worse. Instead, take your winnings and wait for another wave, which is currently happening. Those who payed attention won’t be surprised with what is happening
Why is it happening? That’s a good question
Here are some facts that I think they have contributed
1. Most people didn’t expect the fall since POTUS is crypto fan, and he has sign for strategic bitcoin reserve. But in real sense, did you think they will buy crypto at high price? it has to be lowered
2. In every impulse there is correction, I explained in my previous post that wave 1 has been formed already and market is trying to form wave 2(elliot waves)
3. Every Monday is a correction day, it can start as early as Sunday and extend to Tuesday. You should be aware of that
imo this is the last dip, after this you won’t have another dip
Avoid high leverage and trade with amount you can afford to lose, DYOR