As you can see, #BTC is still following the same pattern and keep coming close to $13200-13400 zone. After that, it potentially might move to the $14400 and $15100 zones - as they are extremely important to indicate the further bullish growth. Till then, we don't know for sure the fate of the market.
Keep in mind that if we won't be able to go through this resistance line, we might easily return to 10400, and 9400 support lines.
Now, what do I expect personally? I think that #BTC can go over resistance line and move up to $14400 level where it will start moving down go $12300 - 12500 #USD levels. This is only my assumption.
The market is currently very vulnerable to any bad news, so any news about some government banning #cryptocurrency or news about #USDT inflation might cause serious market crash. I wouldn't recommend to "enter the market" at the moment. You might not make as much money, but you significantly will decrease your risks when you enter confirmed bullish market.
Be careful especially with alts at the moment, #HODL what you have and weather the dip is my advice.
Why do I post BTC/USD only at the moment?
At the moment, #BTC defines the price for the market. If #BTC goes down - then 95% of alts also go down. When it goes up - then alts go up. Only when #BTC starts to show serious growth, with #altcoins move and until then - alts will follow #BTC.
Follow #BTC if you want to know the future of your altcoins.
Is it safe to buy #altcoins? Yes and no. If you want to buy #altcoins for the long-term, then yes, it's safe to buy them during the dip. Is it safe to buy them for a short term? Absolutely not.