Crypto market is bearish currently and we are seeing that Bitcoin is breaking down the price level of $60K which brings another bearish zone.
Everyone eye is on $64K again and they wants to invest at this point. But as per my knowledge investing at this moment and price level is just a foolish act.
Investors who wants to invest in different coins must wait for the better correction to be done. #BTC must have to go to reach atleast $55K and will remain there for some time.
No doubt, BTC bull run is started and we are at the second phase but it rose more than expected which is dangerous.
One of the reason is that other coins are not following BTC which makes it suspicious. Therefore, be careful when investing and wait for the better price levels to invest.
#BTC will dump hard and I think the price will settle at $53-$55K. This will be the best time to buy your favorite coins.
What do you think about the current market scenario? Do you think #Bitcoin will continue to surpass its all time high within few days? Do you think a correction is expected? Will be glad to see your answers in the comment section.
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