Today Bitcoin cryptocurrency market plunge is not unexpected. Funds are in a wait-and-see attitude.
- The main investors does not want to let Bitcoin go up, because they have not eaten enough goods.
- The retail investors can not work together to make up the market.
- The motive of the main investors are to use some bad news of supervision to crack down on the cryptocurrency market.
Although the taste of a regulatory knife hanging from the head is not good, Bitman believe in the blockchain and believes in Bitcoin. Any policy is only short-term. Next, no matter what, it will only make the market short lower and have to live forever!
Market Analysis
Bitcoin:
Likely to be a heavy volume decline. The next support level below is near 7500, and the support position is not strong. It is very obvious sign of the main investors place orders at the left side. So you does not need to panic if you hold Btcoins. If there is very rapid decline, you should bravely buy it!
EOS:
Already fell to the halfway, the main investors were still in the shipment, this is why the main investors’ costs are very low. At the current EOS price, personally think that you can place a small amount at the short bottom. Do you think it is cool? For same money, before you can buy 100 EOS, now you can buy 200 EOS.
Cryptocurrency cannot be banned. Where there is oppression, there is resistance. Bigger risks will not stop the heart from moving forward. Two days ago, the famous security expert John McAfee said: The bull market is coming, waiting for heaven! Today, he also released a short-term prediction on Twitter: Bitcoin exceeded 15,000 US dollars in June and fell back in July.
When the trend is not good, we should take a rest and enjoy life. What we have to do is dance with the main investors.
Start your crypto journey today!
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Disclaimer: By reading the post you acknowledge and accept that article is for study only. It is not investment advice. You should be cautioned when entering the market. The market is at risk. You have all responsibility for yourself. I am not responsible for any of your losses.
Best wishes to Steemit Friends!
