Yesterday's post of mine is looking like a very valuable one from today's perspective! ๐
The pullback weโre witnessing is nothing more than a healthy one, for how bloody it may be. Maybe it goes to 59k, maybe even to 52k.
It's like when you decide to climb a mountain.
At the start, you have 100% of the energy in your reservoir, which makes you go fast and cover many meters in a short time.
But at some point, you run out of steam and if you want to reach the top you have to take a deep breath and recharge the batteries.
This is what is currently happening to both Bitcoin and altcoins.
Accept the short term โpainโ, look at HTF supports and take advantage by buying at those levels. Hint: there is a whole lot of demand at 63k. Lets see how the prices react!
We will see higher prices in 2024. Remember the halving event for BTC in cca. 1 month time? ๐
โค๏ธ๐