I'm so excited to see lots of green candles today on the market chart, and if you have accumulated before now, you are really in profits no doubt or to some people who purchased at a higher price before the market floor (the last point of supply), Then either you have recovered from your losses or you are yet to recover and to re-balance your portfolio.
Today, many crypto traders worldwide are joyful as at least seeing the market moves to the upper territory, gives them hope that crypto wasn't crashing but was only discounted. Who knows if this is the beginning of survival like as in, the trend is changing.
If you should check my last post, I made mention that BTC will rebound to $80k price territory, and yes, It's looking a lot like that now. With what I've seen in the market, I think $90k price level during this bullish moves, is very much achievable.
I was waiting to see Bitcoin reach $72k price level, which was one of my targets. Now before the moves to $90k price level is activated, price needs to break a very important level at $76k and hold. I think this is very much achievable with the kind of ETfs inflow recently, and Binance ETFs tracker recorded about $20 million plus inflow. aside from that, market has been oversold and there was every need for things to turn.
At the time of writing, BTC is trading within $71k and $72k price level. I have also been observing alt that has good potential to sky rocket, And that is DASH. from my analysis, I perceive that dash can record $500 price level following a strong demands for privacy tokens. So, if you haven't considered dash or included it to your portfolio, I think the best opportunity is now. Not a financial advice.
So friends let's enjoy the moves up today, as you should also remember that profits taking is what keeps you long enough to survive in this volatile market. Cheers!
