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RE: The crypto market has lost 20% of its value
I agree. I know a few seasoned market traders and they believe you are better off backing a horses than predicting crypto in the short term. No one knows. TA goes out the window of a whale sells or a country bans crypto . Holding rather than trading is less risky but if you back the wrong one u lose too. It’s tough. If anyone says they are profiting since January then they have a crystal ball or are very very lucky
Bitcoin has two technical idea ,First if it goes down to 5800 and break successfully then we can see 5000 or even 4400 but on the other scenario with is more powerful is if BTC will break 6800 then 8500 and 10000 will be next target .
Thanks for your valuable opinion .