The crypto crash continues.
Bitcoin and other crypto prices are down from there most recent highs, and Bitcoin is trading at 48,000 and got as low 46,000 in todays trading. ETH went from 1,500 USD to 1400 to 1510 USD in todays trading.
The high for Bitcoin I think close to 60,000 USD in last weeks trading and I expect Bitcoin to trade down to 42,000 or somewhere in that range and now may be a good time to add to your Bitcoin stack if you haven't bought already.
I will average in today in ETH and if ETH trades down to1200 add a bigger chunk to my stack as I expect ETH to continue to out perform Bitcoin in the short term. I don't believe we are anywhere near the end of this bubble or bull market in crypto prices or Bitcoin or ETH in the medium term.
I will use this downturn to keep adding to my holding and then in the blow off stage may take my profits and buy gold or maybe a little silver too.
Comments
Post a Comment