Will the market down now? Now we will profit book? Today's Crypto News

in Tron Fan Club8 months ago (edited)

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Assalamu Alaikum

how are you all Hope everyone is doing well! So today I will talk about the Crypto Currency Market! As I am writing this post, Bitcoin price is $51800+, and the market Fear and Greed index is 72, good but Bitcoin is showing some correction and Solana, Matic, most of the ALT Coins are showing slight down.

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(Screenshot From Binance)

Many people may have a question, will I sell pumped coins at this time?
Will the market down now?
Currently Bitcoin is in a very good position!
The rest of the ALT Coins did not pump very well, except for some coins, the rest of the coins did not give much profit.
Matic is trying to hit $1,
Even though Bitcoin gave a huge pump, ALT Coin could not pump that much.
I think the market is now likely to give down!
The main reason is that whenever Bitcoin goes up, the Exchanger has a huge loss, because if the market condition is good, there are a lot of Future Trade Long Positions open, in which all the Exchangers lose, then they sell a lot of Bitcoin by big whales, in which the market goes down a lot. can be seen
So I think currently if you don't have Extra USDT fund then if you are in profit now, book that profit, then wait for market down and buy, remember one thing but BullRun has not started yet, until Bull As the run starts, the market is in a risk position, so there is a possibility of the market going down again.
While ETFs are more likely to not be down,

Let's know today's Crypto News-
The BlackRock & Fidelity Spot Bitcoin ETF now holds 191,657 bitcoins, worth about $10 billion.


Again Gryscal sent 2,400 Bitcoins to CoinBase which is about $126 Million.
Since the Exchanger has been taken, it must be sold!


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[Source] (https://pixabay.com/photos/finance-currency-bitcoin-crypto-3333927/)

9 New Bitcoin ETFs Hold $13Billion worth of Bitcoin


Currently Crypto Currency is receiving a lot of Good News, and this is another reason to pump Bitcoin!
Stay away from making new investment for now, you can take Entry if the market goes down, ALT Coin is all pumped now, this is definitely more likely to lose if you take Entry from here!
So I'm ending here today everyone stay well stay healthy, Allah-Hafez!

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I think is the last time to buy coin. So thanks for sharing.

 8 months ago 

I think market will be up a little from now. Thanks for sharing

Thank you bro

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