Hi all, Last week my friend once said about the current and future situation of the crypto market. he said that if bitcoin can't stay above 60k, then altcoins will be hit by a big correction. At that time I doubted what was said because I saw the market situation was quite good. but seeing today started to believe it a little. further said that the end of this month until the end of the year, will be the most important point for the crypto market because at that time it will be a representation of the situation going forward. he said if by the end of the year some big coins pass their support point, then the market will not be fine going forward. but on the other hand if big coins like bitcoin, ethereum, bnb and others can stay at current prices, the start of the year will be a pretty good situation to trading.
judging from what he said, I conclude that right now the market is at a very important time. but even so I didn't fully believe what he said. I stick to my decision that currently hold is the best despite the red market today.
Your friend probably read an article or news on the internet where they do the price prediction and told you the same. Those are all speculation. The crypto market is unpredictable. Just read what you wrote. It is all "ifs" and "maybes". The current crash is because of some FUDs being spread. And we needed this correction. Just zoom out a little and you will see how much we went up within few weeks. A little correction means is always healthy. Don't worrying a lot about the "correction" or the "bear market". Take advantage of the price dip and start investing.