Crypto market restore its position after observing a little dip

Hello lovely people of Hive and Leofinance community. Hopefully you will be enjoying your life with good health and spirit. Friends, market restore its position after observing a little dip. BTC which was trading above $35,000 yesterday observed a dip of $34,510. However market restored it position and currently BTC is trading around $35,500.Alt coins also observe a little dip and than restore to its position. Current market cap $1.33 Trillion is same as of yesterday.





source

Crypto enthusiast were expecting a correction after observing one week surge in crypto market. However, market again bounced back. Still a market is unpredictable. One bad news may hit the market. Same way one good news may continue the bullish run.

It is important to remember that correction is still on card. We expect any thing from here. So, it is important to keep in mind never invest on those projects for short period of time which have already observed a decent pump as it may cause you a loss. Now the first question which come in our mind is that is it worthier to invest on those coins which already observed decent pump. What is your opinion my friends?

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.




0
0
0.000
7 comments
avatar

The crypto markets keep inching up and this is awesome if they take a breather in between. No rush if they keep going up slowly and steadily rather than going up fast and falling.

0
0
0.000
avatar

that was a sudden move from bitcoin. 34500 to 35500

0
0
0.000
avatar

As long as the market is above 33900 then there is no need to worry, it will continue to move up and down in the same way and when it starts closing its daily candle above 35,500 then it will go up to 38,000.

0
0
0.000
avatar

Bitcoin's upward trend is expected to point to a more bullish market.

0
0
0.000
avatar

That was great recovery from the dip

Who knows, BTC might hit 36k even before this month ends

0
0
0.000