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GM E.T Fam! Happy Friday! Well Fam, it looks like the bears have attacked and we’ve taken a significant hit. The market has been trying to pull itself out of this slump for the past few months now. We’ve had a few small bounces, but nothing significant. It might be time to pull the job applications back out….or is it? I’m not yet convinced that it is, and neither should you be.
So, if there’s still hope for some reprieve, how soon can we expect it? This morning we’re checking in with Krown to see what the TA for the day is. Today’s menu consists of an update on the current state of BTC (you all know that we have to give you all a daily update), and some altcoin coverage. Krown is checking out a few BTC indicators that will help us in determining when it may be safe to come out of hiding. It looks like it would still be wise to operate with caution.
There will be a few bounces, but a bounce does not confirm a complete reversal. It’s not all bad though. Krown does share a little hopium with us. We’re also looking at some bounce targets for a few major alts. If you’re worried about the latest price action occurring within the market, you should definitely tune in. Talk to you all soon!
#Bitcoin #Investing #BTC
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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