Its no longer a news that we are currently in a bear market; the current bear market is over 6 month. No one knows when we will be out of it.The current bear market is a major hit on the crypto space, During this period many people has lost their money while some has made some money.
Should i sale or hold my crypto asset? This is a major question on the mind of many investor.Bitcoin as droop over 10% in the last 24 hours, many coin are following the trend.
In my last crypto analysis I pointed out that bitcoin price decline to around 32k or 31k currently the price of bitcoin is slightly trading above 33k.
As an investor I know you are worried about your investment. Making a right decision about your crypto investment is very important at this point because if you don't you may be at the lossing end.
Yesterday the Bitcoin daily time frame showef 3 sodjas which is an indication of steady decline in price. This morning the chat prove me right. Bitcoin droop about 4% hive droop about 7%. Price decline is still in progress.
When indication like this show it mean you have to move to a safe side. This is not the best time to hold or buy volatile coin. People that try to buy the deep last week are currently at loss.
What you need to do right now is to move your volitai coin you have to a safe side (stable coin). This is not a time you should be playing game,i did move my hive yesterday to hbd.
Right now I see bitcoin price moving close to 30k i don't know how soon but I see it coming faster than we think. After this we may see price moving back to 35k.
Thanks for taking out your time to read my post. Hope you enjoy it, I hope you will check out for my next post. For now feel free to comment and upvote my post.
Previous Post
Bitcoin/ Hive Price Update