So, since yesterday, the prices in crypto have plummeted once again. How should you feel about that? I'll tell you how. Over the damn moon! That's how! As I've been aware for quite a while now, the BTC level to watch is most definitely the $6,000 mark. Understanding that BTC is (and may be for some time) the common denominator for all other movement in the crypto-verse, is fundamental to planning your next move. Bearing this is mind, the only analysis you need look into, really speaking, is BTC. All other cryptos are guaranteed to follow suit.
Now, please trust me on this. A huge opportunity just presented itself yet again with this drop. And here's why. There is a good chance the $6,000-$5,800 level is the absolute bottom before the next bull run up. So if you are pondering over whether or not to expand your digital currency portfolio, now is a golden time to jump in. Just remember to keep these key factors in mind:
1) The closer to that important $6,000 mark, the better positioned we are to buy up some crypto (as all other markets are following the leader, that is BTC).
2) If prices get in-between of $6,000-$5,800, this is a absolute screaming buy across the board.
Now, "if" price breaks down through this ultra strong price band, we are most likely headed down towards the $3,000 mark. Disastrous? On the contrary. Look at it as a second chance to average up your portfolio and apply the same rule set as above. The nearer price would get to $3,000, the better buying opportunity we all have.
The above strategy is all you need. An all-in-one solution. If you follow my advice, chances are you'll make it big when the inevitable bull run finally comes round. And the main reason I'm posting this is due to the fact that we are now getting close to those beautiful "buying" levels. $6,400 is not that far away from the critical $,6,000 support level so you should be mentally preparing yourself to start positioning wisely to add more to your crypto portfolio, if you so wish to...
Just follow the instructions highlighted and you will do phenomenally well. We've already had a substantial drop across the board and prices are now at their extremes. But time is of the essence and this cannot be underestimated enough. When the markets let go of this stretched rubber band, hold on to tight because the rise "will" be of epic proportions.
Best of luck, everybody... :)
