Alt Market Absolutely Launches! BTC $5000 Drop! Buying DigiByte
Thanks Ethereum for absolutely launching and causing most altcoins to create a solid pivot point. This sudden change in momentum could be just the thing we needed to get alts season off the ground. We don’t try to trade sudden changes in the market since emotional trading will destroy your portfolio, but after a nice charge like this, the next pullback is usually the best entry. Bitcoin had the largest open to low drop in history overnight. We dropped $5,334.83 and managed to pull back $3000 of that so far. If we close the day low on the candle we might be in for a correction that could take us to $20k. If we close above 50%, we’ll likely consolidate and move up again. The buyers that pulled us $4000 off of the bottom are crazy strong though. I wouldn’t be surprised if we consolidate instead. Digibyte is a buy right now. Doge is giving us an awesome trade right now. Good times out there in crypto land.
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