Crypto market today is really doing well as many crypto assets experiences higher lows and higher highers. Everything in the market today seem to be on the push to the higher price levels in green candles. We will take a look at bitcoin price and market behavior carefully.
If you go back to my previous post here I made mention of Bitcoin rebounding to $70-$80k price territory, and if you look at the market today, as at the time of writing, price has crossed $76k, which is powerful move, making the $80k price levels very much achievable.
BTC had stayed long enough within $73 and $71 price levels gathering liquidity for this powerful move. Now here we are hoping that price hit $80k price territory. And if this level is reached, the $90k price level will open up.
If you look at the crypto market currently, alts like Ethereum, LTC, ADA, and other alts have experience a notable market increments with over 4-5% price gains.
I entered into a long position on LTC, at the market price of $54.43, have been holding for sometimes now, but currently i'm sited in profits with about 81% gains. I hope to scale in on my position with about $50 once price closes above $59.25 and lock this levels. And at the market price of $61, and a clear locked above this level, I will scale in with $70, with a clear target at $70.55.
Dash..., Dash has been bearish as the result of price correction. price shifted from $47 to $37 price territory. Looking the market from the bigger picture, the overall market sentiment is still bullish, at the moment, we only have correction to $37 price level which a perceive is the best level to buy more. From my analysis, I figure out that Dash might be heading to $500 price levels, that's why a keep buying every dip.
The market is always so volatile, and as the result of that, prices can cover many rooms in a very short space of time, therefore the above review is made for educational purposes only and shouldn't be treated as an investment advice. It is better that you make your own research carefully before trading the crypto market.
That will be all for now guys, cheers!
