Hey people of steem,
So the news today for bitcoin is new lows as we have dip below 6k. And it is true we have dipped below 6k but this is not the first time we have done so this month. We already have on Ssturday night and we dipped lower then than we did today. Does that matter? Maybe. There is still a chance we hit bottom then and are now on our way up. We can easily be going lower, but to assume we are because we have hit a new low is not the case. And I was keeping an eye on Binance last night to see if we were going to break the new lows.
Personally I will be watching to see if we start to go up this week and next. This is NOT investment advice and like I said the market can still be owned by the bears but I want to say we have not hit new lows. Tomorrow we might :p. But so far we have stayed above that last dip. It was 5,750 according to Binance and that is the level I will be watching for. If it goes below that I will watch to see how low it goes but if it goes up I might be buying (only do so if you have money you can afford to lose).
But again that is just me. DO YOUR RESEARCH. The point of this article is to tell you to do the research yourself.