Hello Everyone how are you? Hope you doing well , Today i am going to share my personal opinion about crypto market and few prediction for coming months.
Why BTC and Alt's are down??
I will call it a recession or we can say correction from market as we know most of investors are selling their BTC and other Alt's coin in loss so market cap is going down and down, but this is the not reason i believe its just a deep correction from market .
Few Weeks ago when few alt's were down in that time few so called traders they were asking people this is now support level buy buy and buy now !
but correction goes very well and people got stuck their money so all i want to say this Do not buy anything or never trust a person until you got the reason to buy it.
Buying anything without a reason is just like gambling and if you want to do that then please send your money to me lol so i can make some money too :P
What to do now?
Patience is a key for all type of work i mean now you know if you sellout your coin in cheap price someone will buy it because whenever market drive a deep short people who called trader in real sense they buy with quantity . So don't get panic just HODL and give market a week or more .
Suggestion
Well i gave some tips about few alt coins to my investors and to my student by hinting them about these coins.i told them to buy these
Nexus
Pivx
Steem
I have good research about these coin and i analysis these coin about for more than 1 month by both technical and fundamental.
so think 100 times before you put money in anything because it will help you to close trade soon , if you don't think before buying then it will make you nervous and you will think 100 times to cut the position!
Prediction's
Bitcoin::
I think Bitcoin will markup to $3,000 or $3,800 in coming months it can take upto 3 months or may be more or less but at the moment no chance for buy until i repeat until it markup to $1,900 or $1,800 .
Then we may see rally over and Bullish Trend resume .
For More updates or Charts you can ask me in comments or you can contact me :)
NOTE: I am Professional Forex and Crypto Trader I do my own research which can be wrong so always trade at your own risk.