(pixabay)
The reality is clear.
What goes up must come down.
More than 10% drop in Bitcoin is very serious.
Will it stay that low?
It is hard to know cause whales and traders move prices.
It could be time for them to cash out.
Resistance, pullback, pressure you name it have effect and dictate how the price will go.
One thing is clear, The whales tend to never lose.
Now they are buying and eventually the market will rebound quick.
Hard to tell when due to this drastic drop.
Great time to buy cause it will go up again.
Will it go at $6000 ?
Hard to tell due to the pressure all over.
Tariffs should not have any indication on the market.
A big sale order may have caused the situation we are witnessing today.
ONe cool indication we have, many pullbacks don't last long.
Buy low and sell high.
As you can see in this shot, the top 10 tokens by daily valuation.
All of them dropp more than double digits except BSV and ETH.
We can see the corelation in the cryptosphere.
NO reason to panick due to the price will go back to normal.
Normal means go back to green.
2019 will be historical and prices in dollars should not be how we treat crypto.
Unfortunatelly we are bound to think this way.
Let's see how the summer will treat the cryptosphere.
Keep on postin'
