A Big Spike in crypto Market. Alts can have a big dip. What you should do.

in #bitcoin6 years ago (edited)

As all of you know BTC has break support level of 6700$ and has been reached nearly 7500$. Now what next, Dose it ll start bull run or not.

btc today.PNG

As there is a lot of positive news for crypto market so it is possible that you can see a big spike in crypto price but in my opinion still there is not a bull run. Price can go until 11500 in next few months with some sideways and after breaking this 11500$ support level there ll be a small dump and after that may be you can see a bull run at the end of 2018.

If we talk about alt currencies. We can see a big dip if BTC start rising. But I ll not suggest you to sell panic if you are holding any alt coin. Once BTC ll reach a specific price then you ll get a huge profit by your alt coins because then alt currencies ll start rising and there ll be a big spike in prices.

I request you to upvote if you found this post helpful. Thanks.

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