$BTC fell to $91,231, dragging down altcoins. Over $2 billion was liquidated in a day, and the logistics were shaved.
The market is alive with news about tariff increases. Moreover, there has been a record number of people entering the market for the first time in the last six months and investing in crypto for the first time. Many cannot hold on and sell, cutting their losses.
But, as they say, the darkest hour is always before the dawn.
Support at $BTC is at 90,500, and strong resistance will be at 88,000, below which is only 85,000. I cannot believe it will go lower. I think everything will settle down soon. If it doesn't go below 90,000, we will return to 95,000, and then we will see.
I am buying more altcoins on the spot while there is a sale. I am averaging some, and some have dropped significantly — enticing.
Trade wisely and earn!
