Welcome back,
In today's blog we will talk about the upcoming possible opportunity that might also be the last best opportunity to put your money in favorite crypto coins. I am not a financial advisor, but that is what I think, and you are most welcome to put your research here.
Three days back we saw a major downfall where Bitcoin saw a dip of 5k dollars and do you the reason for that? A rumored news about the rejections of bitcoin spot Eft's. A rumor was enough to impact that market by that much where BTC saw a 5k slash down.
Few exchanges observed the price at 40-41k as well but if we go with coingecko data the last 7 day lowest was 41.9k but anyways we saw a major dip by that rumored news of rejection of ETF's and we cannot deny this.
Now what can we learn from this rumored news impact on the market? We can learn few things out of which the major and most important one is that if in case the ETF's gets rejected or delayed we might see the market getting dumped heavily.
We will soon learn about what will happen with the ETF's as there is not much time left before the decision is made.
Above chart is of ADA, and we did not saw them getting a bigger dip, usually if bitcoin is dumped alt coins are affected badly. I think the upcoming dump (if it happens) will take the alt coins to the lower values of the year for the one last time.
This is when we grab them, I will buy Ada, AR, STX, INJ, and some more coins for sure. Are you already holding the portfolio or do you still have some USDT to spend on the next dip.
Good luck and Happy trading everyone.
