Post
Topic
Board Speculation
Re: BTC dump breaks through 53K resistance barrier
by
raskolnikovx
on 25/03/2021, 13:38:27 UTC
Some of you might have seen the massacre that's taking place right now, with BTC experiencing massive sell orders tumbling it under 53K...

What are everyone's thoughts at the moment? Do you still HODL when sell orders as high as 49M are coming through breaking any resistance there was?

It would be interesting to see people's thoughts, as I'm sure many are panicking right now.

Comments & feedback will be appreciated as always Wink

So far we are experiencing a 15ish% correction. No big deal, this one was coming. According to CM, the complete crypto reported MC lost around 0.3T.
Two outcomes: 1) it does not break 50K and starts building up again, 2) it goes to 40-45K ranges and makes a deeper correction. Personally, I do not see a 40/50 correction happening yet. I handle these dips such as I handle the pumps. FIAT to Exchange, buy at certain points while it's going down until my money is out or the whole thing changes directions and starts recovering. HODL. Ofc for this you have to see this shitstorm coming and sell some coins before the dip starts.