Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
This decline started in April, in my opinion, and now we see a big "battle" in the support levels of $ 30,000. If this level of support does not withstand the pressure, we will see an even bigger and longer decline in the price of Bitcoin, which will entail dump at other altcoins also.