🔥 Bitcoin Major Shake-Out: Buying The Dip

٧ سبتمبر ٢٠٢١

Today, Bitcoin saw a massive shake-out happening. It was clear that BTC needed some kind of correction after going straight up for almost two months, but this was a rather unexpected move.

Historically speaking, buying the dip is a great strategy when Bitcoin is making huge downward moves. As it seems now, BTC bounced off the 20-week SMA, which is one of the main indicators of bull-cycles.

Long-term, things are still looking good for Bitcoin:

In case there was still an alt coin that you wanted to pick up for cheap, now is your chance.

Happy trading!