Bitcoin Price Drop: WHAT DOES THIS MEAN?
Open Crypto Trade:
- None: 100% in USDT
Bitcoin's $400 Hit...
A hit to the price of cryptos this quick might surprise you, but it doesn't surprise me. This market is extremely volatile and price action can take place overnight in a matter of hours.
Bitcoin on the 1hr chart...
This drop in price happened in a little over an hour...
Bitcoin on the 4hr chart...
Bitcoin on the Daily chart...
It's looking like we are going to be seeing much cheaper crypto prices from here. Prices we haven't seen since long before the market peak. This may be disheartening to many of you, but I personally welcome cheaper prices. This will give everyone the opportunity for a better long term entry point.
Watch my video for a quick summary of this price movement.
I hope you found this video insightful. Upvote and resteem if you enjoyed it!
Disclaimer: I am not a financial advisor. The articles that I write are for educational purposes only. Do your own research and hold yourself accountable for the investments that you choose to make.
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