Is the $BTC dream over? Do not let the red candles scare you.
Bitcoin just went below sixty seven thousand dollars. The experts are already saying it will go down to forty six thousand dollars.. Wait, is this really a crash or just a big sell off? Over three hundred million dollars in positions were lost today. This is how the market gets rid of people who're not serious about Bitcoin before it really moves.
Bitcoin status: it is struggling near sixty six thousand six hundred dollars. If it closes the day below sixty six thousand dollars that is a sign.
The good news is that big investors put a lot of money into Bitcoin this month. Smart people are watching what happens to Bitcoin closely.
What about Ethereum and Solana? When Bitcoin loses value other cryptocurrencies like Ethereum and Solana also lose value. But look at the RSI we are at a point where people think it has gone down much.
My opinion is that I am positive about Bitcoin. I think it will be neutral for a short time. This feels like what happens at the end of the month when people get scared and sell their Bitcoin. Do not sell your Bitcoin because you are scared instead look for deals when you can buy it easily.
What are you going to do? Are you going to buy Bitcoin or wait until it goes down, to sixty thousand dollars? Let me know what you think.