Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Friday is very blessed day for us and today we celebrate this day as a mini EID. Let's talk about crypto market now. Bitcoin is trading above 34k and continue trying to break the 35k level and be above that level. Yesterday Bitcoin dumped to 34k because of FTX news
News coming out that FTX wallets transferred heavy amount of all the altcoins including ether. That's why market panicked. I am also little bit worry because i am holding SOL and SOL is their biggest holdings in their wallets. I know they won't sell it all now because market is not good for sell now. There's not much liquidity that's why if they now then market will crash heavily and they won't get what they want 😁.
Yesterday when SUSHI pumped i told everyone that sell this and buy back later. Sushi dumped like 30% and now again it's trading above 1.23$ which 23% from our 2nd buying. I always want to work smartly but sometimes my plans get failed. Holding is good for long term but when i see sudden pump, i see opportunity for buy & sell. Many times i have succeed but few times lost 🙂.
For Bitcoin above 35k will be good but history says that Bitcoin will take correction 40% before halving which is around 22k. Every Crypto cycle this happened and this time also it will happen. That's why i changed my plans and now my plan will be collect usdt as much as possible and then I'll buy back later when Bitcoin will dump. That's it for today. Here's the latest update video of crytpo market. Thanks & have a good weekend!!
@abfarhan