Watch the chart above for Btc-Usd Technical analysis.
We all know that btc had all time time in 2017 and touched $20k mark,the value at which bitcoin is struggling today is the correction due to the sudden surge in price.
WHAT'S GOING TO HAPPEN NEXT?
Though there's nothing to worry much about Btc as after a certain level of correction it will definitely rebound to $10k
and will surely cross it's all time high.But ,presently we have to watch the fluctuation in Btc Usd pair that if it Breaks the $6K support we will see Btc falling upto $5k mark.
For an instant ,Btc just touched $5920 so this could be an indicator for Btc going to break the key support .
Btc is in critical zone right now,it may rebound from here or break down too.
What About The ALTCOINS?
We know that each and every altcoin Depends on the stability of Bitcoin,If it falls , all the altcoins will also follow it.
Which Altcoins will Fall the most will Depend on the Market volatility and manipulation.
THE VERDICT !
All we can do is put Stop Loses in our Coins (whatever you're Hodling),and wait for the Final Dip and then Re enter in the Market because the price at which the altcoins are now won't be there again.So don't Lose this opportunity ,stay Calm & Don't Panic Sell in loss.