Swing down $30,000

I think that this is the longest period in which Bitcoin has remained in a very close level for a long time, as we often see Bitcoin at levels from 35 to 40 thousand, meaning that we are in a specific range from 5 thousand to 10 thousand in order to keep swinging in it for a while Great, but it seems that this is not the case now, as we have been for a long time between 27 thousand and 30 thousand.

I think this is due to the reluctance experienced by investors and small users of the Blockchain network, as some see that we have entered the Bear Market, so some are waiting for Bitcoin to fall to lower levels until $20 thousand, but when we see Bitcoin start to rise up to 30 thousand or a little more, some see This is a good opportunity to buy before we start our journey towards $100,000.

This is really confusing, but I think it is confusing who wants to profit in the medium or short term, but for me in the long term, buying from the level of 30 thousand dollars is an excellent opportunity, especially since we got a Sale of about 50% for most cryptocurrencies. On the other hand, there are currencies It's down over 50% but to be clear I think the best thing right now is Bitcoin.

After the collapse of Luna and UST, many users and investors looked at Altcoins with some fear, and many turned to Bitcoin, so what I was waiting for was that BTC Dominance would decrease, which is difficult at these times because confidence began to decrease in Altcoins and also some Stable Coins.

In order not to worry about the future of cryptocurrencies in general, since the beginning of 2013 when cryptocurrencies began to spread on the Internet, the ranking of the top ten cryptocurrencies in MarketCap has changed, and not only that, but a lot of cryptocurrencies have fallen permanently from the ranking of the first 100 currencies, but the different Here it wasn't a sudden fall like what happened with Luna but I think this will continue to be with us.

So, distributing the capital to different cryptocurrencies with a strong project is the solution now to avoid a big loss. In these times, for me, the capital is divided so that you buy at least 10 currencies, each currency with a share of 10% of your capital to secure it.