
Fact 1: Bitcoin $69k ATH
Fact 2: Bitcoin was down to $39602.3 on Jan 10th,
Fact 3: Even bitcoin seems to have supported by $39k region and since then its price rebound to $44,000 at the time of writing. We are still waiting for the confirmation.
------------------------
XLM airdrops snapshot on Jan 15th may drive crypto market to the upside , But stay alert the minute after snapshot or even just BEFORE for potential dump!!! If it is too good to be true, it probably is!
Risk to take into consideration: 2018 ATH Retest @ 19k
Important price to watch: $39600- If it breaks 39.6k then expect to see a few more thousand dollar dip
--------------------
Personal view: What goes up must come down - that's market cycle. Bitcoin's drop is far from finished - Buying the dip at the moment and hoping for a miracle rebound is strongly not recommended unless you are sure what you are doing. Disregard meaningless bonces in between, bitcoin is going to pay another visit at $39k and likely to go under.
FB: Crypto by Targets