BTC Downtrend Continues (Market Analysis)

25 дек. 2017 г.

First things first, BTC has a strong bearish trend which seems to be taking more time than we anticipated. It will last over the next few days probably till Segwit 2x on Dec 28, 2017. How that affects the price is yet to be seen. However, I see some traders are currently posting ideas and opening trades on coins with high potential like Stratis and Lisk which is exactly what I would do if this correction was over because let's face it, Bitcoin moves the market. If BTC is going down, can Stratis or Lisk really go up? I don't think so. We've seen this before and BTC with its 42% dominance still decides the general trend of the market. Maybe I don't like it, maybe you don't like it, but that's the way it is and if you want to protect your investment, the right thing to do will be to wait this out before opening new positions in any coin and not be fooled by temporary greens in the market. Stay safe. Good luck! :)