We have finally started to correct with BTC. It is an exciting moment both for risky short sellers and us, who are patiently waiting for an alt season to truly take off as this correction completes.
Also, with this idea i want to warn especially new people in this space, that even if it looks like this correction is behind us, it hasn't even started yet. This recent one was only 18% on bitstamp exchange, almost touching 2,618 fib. ext. level. We have to see the one that is 35-50% (from the top) following by booming in altcoins to truly indicate that BTC is going for the last leg up to about $65-$80k. Stay safe, and please don't be scared, if anything, be exited of what is to come.
I am not a financial advisor so don't buy anything that i say. Wish you all successful investment.
BTCUSD
Also, with this idea i want to warn especially new people in this space, that even if it looks like this correction is behind us, it hasn't even started yet. This recent one was only 18% on bitstamp exchange, almost touching 2,618 fib. ext. level. We have to see the one that is 35-50% (from the top) following by booming in altcoins to truly indicate that BTC is going for the last leg up to about $65-$80k. Stay safe, and please don't be scared, if anything, be exited of what is to come.
I am not a financial advisor so don't buy anything that i say. Wish you all successful investment.
BTCUSD