🦉 Altcoins Could Be The Big Winners as Crypto Prices Dip

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After reaching a new all-time high above $108k, Bitcoin is now facing a potentially challenging situation. Although it might seem like since we're still hovering around $93k, the overall outlook remains favorable. 

The key is to follow the trend, and currently, we're saw a daily lower low. This suggests that the chances of failing to break through recent highs on the next rally are growing, which could put the current uptrend at risk and potentially lead to a lower low below the previous one.

Bitcoin has also formed a rising wedge pattern, with a downside target of around $85k. While a rally could occur before this target is reached, it's important to watch for a lower high followed by a lower low. Keep an eye on the daily trend, as changes in this timeframe can often signal shifts in the broader market trend. 

Stay alert.

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CRYPTO VIDEO SPOTLIGHT - CRYPTO VS STOCKS  🔦

T’S HOOT’S OF ENLIGHTENMENT
RED MEANS GO 💡

Best way to win the crypto game is retraining your brain to BUY RED not to panic sell on RED DAYS. 

People get FOMO (fear of missing out) when everything is going up, see huge green candles, prices are flying higher. Sometimes in a Bull Run, this can’t be avoided, but you can always wait for the inevitable market correction. 

I use charts to find Support Levels, Moving Averages or the Fibonacci Retracement, then set orders and wait patiently until my target is hit at key areas. 

Once you master the skill of sitting on your hands and waiting for price to come to you, you will look forward to the opportunities RED DAYS bring!! 

Want to learn more? Join us today… www.dailygainscrypto.com 

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