A significant drop again in the American market has led to a decline in all cryptocurrencies, but is this a correction or a crash? Should we buy or sell? What should we do?
The answer regarding selling areas is that it is still a bit early to talk about them as we are promised the final part of the bull market, and as long as the altcoins are at their lows, we are far from selling areas. But Bitcoin's price is around 80k, what if it drops? Don't worry, I think, and because of the split that occurred (the halving) and BlackRock and investment funds, the areas we are in are similar to the 35k to 25k areas for Bitcoin before the split. Therefore, altcoins are at their lows. So what is right now? The correct approach is to always enter in stages and establish a plan and not backtrack. The market is full of adventure, risk, profit, loss, and opportunities, and all of this is always present. Set your points and that's it. Then just watch patiently and don't be greedy. I entered during the last drop which was also around 78k and I mentioned in my posts that I bought, but at the same time, I know that it could visit 74k. I also set a plan for that and made a plan if it visits around 67k as well.
The important thing is that we are in clear accumulation areas, my brothers, between rises and falls.
The important thing is if Bitcoin stays above 80k, this is positive; it will then go to around 89k, and if it doesn’t succeed, it might revisit 76k.