Times like this is when you can't panic. That may seem tough but it's better than making rash decisions. Bitcoin will rally back eventually and the red starting to overtake the market will turn with it.
But in the meantime, BTC dominance is as low as it's been since before the summer and the market cap has also dropped almost 100 Billion dollars.
The way to respond is to buy the blood. Buy low. Sell high. I look forward to chances to buy things low.
I will signal various coins to buy. I've tried to hold coins that had catalysts to hold value. Coins with forks, announcements etc.
There is no news from Korean government, so we suggest that rumor about BTC regulation was fake and was created in order to drop the price and buy coins extremely cheap. In our opinion current price (around 12k$) is the real bottom. You may buy BTC or alts in dips now.
The bottom will come soon.
I'll keep you posted.
photo source- bittrex
Bitcoin had lost nearly 25% of its value over the last 24 hours. And the price of most major "altcoins" fell even further, with losses ranging from 19 to 35%.
We remember that Bitcoin could not hold long the threshold of $ 20,000 - a threshold it could have exceeded last Sunday, the space of a few hours.
Futures contracts offered by the Chicago Mercantile Exchange, which allow institutional investors to speculate on Bitcoin, also recorded a sharp decline. They traded between $ 13,520 and $ 13,570, while their courses had exceeded $ 20,000 when they arrived on the night of Sunday to Monday.
very important news...
you shared
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