The biggest mistake is to exit
This is quite unwise to spend three years in a bear market and then sell rapidly when a bull market arises, or to panic and sell all of our holdings after a small crash.
This is to remind you that exiting the market is a big mistake. The cryptocurrency market is presently in the same situation as when it entered the second bull run phase. Unfortunately, investors who have held for more than three years are now panic selling.
Isn't that a foolish decision? Whales and other major institutions are constantly buying from small investors, and we are content to sell our assets while booking our losses.
Despite the fact that CPI and FED interest rate announcements are beneficial for the market, investors continue to sell their coins. It is important to remember that positive news does not always immediately impact the market.
Soon, you will notice that the market will retest its all-time high and then reach another all-time high.
As I indicated in my video analysis of BTC pricing, there is a reasonable value gap at $64K, and it will undoubtedly test that level.
The same thing is happening, and I also mentioned that the market never moves in one direction, up or down, but rather in a zigzag pattern.
This FVG needs to be filled, and that is what is happening. I also expect that this is the final dip before a major altcoin season. You will notice that cryptocurrencies follow the pattern of Bitcoin.
Therefore, do not sell your coins at low prices. Keep in mind that #bitcoin is the only cryptocurrency that has risen 5X. Other crypto currency are still at an all-time low.
Their time will come, and it will be huge.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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I agree with you but crypto has no lights but this time is great panic present two crash was unexpected but now there is hope that on monday tuesday in eid days market will go green😃