Good morning all,
The market is getting fired up pretty hot the last few weeks. The BTC $100K is just a stone’s throw away.
We’re expecting some extra volatility around this level as short term holders will take some profit and this number serves as a psychological barrier meaning a lot of people will be keeping an eye on it as a target,
Altcoins have been underperforming greatly vs BTC. BTC dominance in the market has been steadily increasing but seems to have reached around the 60% mark. We’re expecting altcoins to breakout soon once BTC profit starts rolling into altcoins. We will maintain the positions for now.
Lastly, have a good think about your personal targets and profit taking as we are climbing up higher and higher. Make sure to enjoy your hard earned profit instead of it just being a number on the screen. Various methods were discussed in our previous post.
Have a great day and till the next update.
$BTC $INJ