It's strange that we don't have topics about this week's market.
The capitalization has dropped below $2T, BTC price hit $30K and I know that many people's accounts are already half left. We've talked about market crashes this season, so let me be a little more specific about what's to come next.
1. About the news: there will be continuous negative news when bears are dominating;
2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).
You can continue to hold token and follow market. I believe the top of the market will still be November this year. If you sell tokens at the bottom, you accept failure & give up the opportunity. I just bought a few more top altcoins, great price!
What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?