The ALARMING situation of BITCOIN and the crypto market.

in Project HOPE2 years ago

First of all I want to give a big greeting to all the friends of hive and especially to the members of this prestigious community such as Leo-Finance. The alarming situation of bitcoin and the crypto market.

Already for several weeks the bitcoin has been having several movements that were thought to have a better reception of the market, however it was not the development of the same, as currently the price of Bitcoin is in an area of 30K that came to break the support that existed, so many investors have reached the state of nervousness and therefore are in an uncertainty.

It is important to highlight that currently many investors are waiting for the price of the most important currency in the crypto market to start improving, because the whole market is in the red and in an alarming way, but also this situation is considered for some an imperative moment to enter the market and for others it is considered a significant loss of their capital.

It should be noted that through analysis and technical indicators is difficult to determine a predictable behavior of bitcoin, because its behavior has previously been very unpredictable, however the most advisable for this situation is to wait and stay calm, do not fall into making quick decisions that may harm the assets we have, and hopes that the market can recover gradually reaching market levels that we all want, more if it reaches the historical maximum.

Therefore, as in the past, it is to be hoped that bitcoin can recover as it has done and that investors and the market can reach the expected levels and manage to maintain a balance and marketing of coins in a normal way for the welfare of the cryptocurrency.

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Hello @dgalan, the situation is really alarming, many rumors simultaneously would be creating a state of unnecessary chaos, it is not the first time that a fall like this has occurred in BTC, and I think that the best decision is simply to wait for a recovery, because to sell desperately will never be the most correct option.

Greetings @tocho2
I share your appreciation as it is the most reasonable thing to do, in this situation calm is the best friend .
Thank you very much for your comments

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