BTCUSDT DUMPS : ALTCOINS BLEED BY MORE THAN 50 PERCENTHELLO !!
Welcome to the quick update of BTCUSDT. in the last few days, we saw BTC dumped badly after it broke the immediate support of 33000 and 31000. As of now, it is trading at around 27600 and is down by almost 19% from last week. As of now, it needs to push the price above 29200 in order to move up in the weekly timeframe.
If the weekly close is below 29200, we may see BTC dump more until 19200 and then take a U-turn. As of now, everything is uncertain, Altcoins are also taking a major hit and are down by almost 50%.
As of now, I would suggest everyone stay calm and be a spectator in the market, let the market make the move and when the time is right, we may take entries but it is better we wait now and have patience and save our capital.
As of now, please do not take any trades else you might end up losing your capital.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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