Crypto market is facing a lot of difficulties in terms of price growth following the Bitcoin price actions. Bitcoin price is decreased 2% after hitting $63861. The resistance at $64k was solid which caused this decline. Bitcoin is currently trading at $62k. The support at $62k seems very weak which is why it is dropping below this again and again.

People seems to be confused as its difficult to know the clear direction of the cryptocurrency market. One moment it is green and the other moment it is red. The market is just very volatile right now. Small traders are being punished badly in these market situations.

The thing which is notable right now is the resistance area which is $64k. It is having a big sell pressure at this point. In order to go higher Bitcoin needs to break this resistance. The further prediction can be done later depending on the Bitcoin position.

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Another thing which is important is the support area. Bitcoin seems to have a strong support at $60k which means that there are strong buy walls in this range which do not letting Bitcoin price fall below it. The selling pressure is being absorbed quickly. If Bitcoin loses this support then things could be worse not for Bitcoin only but also For altcoins as they are bitcoin dependent.

Everyone is waiting for the bull market but it is taking longer than expected. Each time someone talks about it we get hope of good but in actual it is difficult to hold for so long. But if you are here from the last bull market then you are a witness that bull market changes lives.

I have been hearing everyone talking that bull. Season is about to hit. People are doing predictions and some are just doing it for the interactions and post views. Infact no one knows about the bull market. Predictions are just predictions , they cannot be true 100% as they are based on suppositions.

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While the bull market is not arrivet yet we have some time to bag some altcoins which could be game changing in the bull market. You should have the knowledge about which altcoins you need to hold prior to bull season.

According to my experience from the last bull cycle , low cap altcoins pump very hard during the bull season. You need to do some research in order to find out these gems which could print huge profit in the bull market. Its a bit difficult but thats how you can have the opportunity to change your life.

While choosing low cap altcoins it is advised to have proper knowledge about its background. The coin you are going to buy should have a solid usecase and a well reputed team behind if. Make sure the minting authorities for coins are revoked. This helps to avoid rug pull.

If you are a crypto newbie then make sure to follow some of these tips , hopefully it would be helpful a little bit.

Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.

Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.

About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.

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