Post
Topic
Board Altcoin Discussion
Re: Crypto market is plunging
by
gabbie2010
on 27/11/2020, 05:36:19 UTC
Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning

I have seen this so many times and I guess I will still see this so many times now and in the future, really nothing new, it's the market volatility that comes to play here, not every one of us here are thinking the same when it comes to buying and selling of our coins, everyone is for himself, or every group is for themselves.
Taking a look at BTC/USD daily time frame will attest to the fact that this is a minor or major correction that had been unfolding, weekly chart also reinforces this fact, price corrections had occurred times without numbers and this not going to be the first neither the last, I don't see any big deal in this plunge Price Action is just playing out there thus there is no cause for alarm or creating unnecessary FUD meanwhile experience traders must have capitalized on the price pullbacks and earn profits consistently.