$UNI is still one of the coins I’m relatively bullish on this cycle. It has already pulled back more than 30% from its high.
Next, it all depends on whether BTC can hold above 80,000. If it does, UNI may have a chance to bottom out and rebound in the near term.
If BTC fails to hold, UNI will likely drop to a price starting with 6, or even 5.
But for me, if it really falls to that level, it would actually be a great buying opportunity.
For now, let’s see what Bitcoin does.
Next, it all depends on whether BTC can hold above 80,000. If it does, UNI may have a chance to bottom out and rebound in the near term.
If BTC fails to hold, UNI will likely drop to a price starting with 6, or even 5.
But for me, if it really falls to that level, it would actually be a great buying opportunity.
For now, let’s see what Bitcoin does.