There's solid support at 30k. Like I mentioned before, during this bull cycle, it's not going below 30k (25k absolute minimum). Since Bitcoin doesn't have any fundamentals underlying it, technical analysis actually kinda makes sense. Or at least as much sense as possible in a volatile asset with no underlying backing.
Historically in crypto, when there's a large pullback like this and it starts to consolidate around a certain level, this is the best time to go into alts, as they will start to moonshot as people take some BTC gains into those while it stabilizes at a price. DeFi is the go to for 2021. I'm not giving any specific ones, but you can just buy the largest market cap ones, if desired.
When it hits 6 figures in the future, taking some profits makes sense, depending on how many you have. I plan on staking some coins for yield, like I currently do with Ether and some DeFi coins.
Historically in crypto, when there's a large pullback like this and it starts to consolidate around a certain level, this is the best time to go into alts, as they will start to moonshot as people take some BTC gains into those while it stabilizes at a price. DeFi is the go to for 2021. I'm not giving any specific ones, but you can just buy the largest market cap ones, if desired.
When it hits 6 figures in the future, taking some profits makes sense, depending on how many you have. I plan on staking some coins for yield, like I currently do with Ether and some DeFi coins.
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