How bad is your portfolio right now? Did you secure some profits before this recent pull back, or you didn't see this coming and you're mow under water?
When Bitcoin crossed $100k 2 days ago, a lot of people were getting excited, probably top excited, without paying attention to the charts. The chart? Yes. If you look at the data, it was clear that a range was formed between $100k - $90k. And this will only be invalidated when we either break and close below 90k or above 100k with strong volume and momentum.
But this recent move wasn't that. Even though Bitcoin Dominance reduced while Bitcoin was going up, only a few alt coins made people gains.
Now Bitcoin is closer to 90l while most alts have dropped 15-20%. Is this now the time to sell? There's no easy yes or no answer to that question.
If you've been in spot, it's better to just hold as we may already have a local bottom. If you're sidelined, now's a good time to DCA in to get some exposure
Whatever the case this #CryptoMarketDip is healthy for the market especially as there have been too many coins launched lately
