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Welcome to this quick bitcoin update. First of all, don't panic guys. This dump is just for swiping out the high leveraged positions from the market.
BTC is still fine and bouncing from the 57.5k support zone. In my previous update, I clearly mentioned that if BTC doesn't hold 60k then we might see 57k and this is happening now.
Now I expect a good from here and we soon see a new ATH of BTC. But keep in mind that if BTC does not hold the 57k support zone then we might see 53k. So don't use high leverage in your positions. Try to add some good Alts with low leverage (like COTI, DOGE, CVC, GALA, etc.) and add more in dips.
If you like this idea then do appreciate it with like and follow. Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
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