Greetings to all the readers of the great platform, especially to the readers of the great community of #LeoFinance, in the present opportunity I want to share with you information that goes related to the cryptocurrency market, focusing on the action made by BTC, which once again ignites the alarms of investors, as it once again reaches the 38k support despite having collided with it a few days ago, it corrects again.
 The image used is from Public Domain, Author: PixaBay |
|---|
Many investors and users of cryptocurrencies, have long been waiting for the recovery of BTC, this is because everything so far this year has only been in an accumulation zone and losing some value, which represents for some people a big problem, and for others a great opportunity to generate a big profit when it rises, or to accumulate more cryptocurrencies while this zone lasts.
For those who see it as a big problem, they think that the BTC will continue to lose its value throughout the year, and for people who think in the most fatal way, they believe that at the end of the year the market will be at 0$ the price of BTC and with it all cryptocurrencies, for those who really believe and know the cryptocurrencies we know that the reality is different, it has a long accumulation zone for having lost a lot of its value quickly.
What has managed to ignite the alarms of many people once again, is that the price of BTC in the last 2 days has touched in 2 opportunities the price of 38k, this being an unusual situation, as it is normal to reach the support, raise the price a little and fall so fast, which has shown that there is weakness in the cryptocurrency market, still with a lot of selling pressure at 41k and still fails to recover the amount of investment needed.
These signs of market weakness are still worrying people, and some small investors who out of fear are going to end up selling their cryptoassets, no matter if they lose money, thinking the worst possible situation, in the crypto world you must be patient and smart to always manage to get the highest possible profits, and know when is the ideal time to wait with our assets.
