BTC is sucking the life out of alts to prevent its own fall. ALTs are in freefall, BTC just broke 6000. I expect this trend down to accelerate, and our target of 5k(4.6-5) looks like it might occur within a few days. Our plan to buy this dip at 5k is still on, and we will be waiting for volume and V bottom for confirmation. Please take a look at my previously posted guide on how to trade these events. I will update as i can.
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This produced a failed low. BTC is really struggling to get to 5k market. Signals that buys are willing to come in anywhere in the 5s.
