BTC has a strong support at 6000$,

Market update

BTC has a strong support at 6000$, then at 5800$ and near 5400$. One thing I know for sure: BTC will not brake 5000$ level unless some catastrophic news appear (which is unlikely). BTC always goes the opposite direction from people's thoughts. Now almost everyone is selling and predicting total crash. That's why I think we are near the reversal point, maybe it was at 6k$, maybe it will be a bit lower.

Besides all the FUD news there are a lot of positive things that no one now cares about, such as atomic swaps between ETH and ETC (if you don't know what is that, you'd better read about it).

My conclusion is: now it is the best time to buy BTC and invest in alts. I would recommend you to set buy orders a little bit above support lines I've told and buy partially.

If you don't know which alts to buy, remember our long-term list: STRAT, SC, ICX, QLC and others.