In the crypto market, one thing is very common: once we see an uptrend, then we also get to see the downtrend for some time. I know that it is just a kind of correction in the market that is obvious to happen.
We just can't expect the prices to reach an all-time high. It continues to increase all the time, which is not practically possible. That is why this correction is needed in the market to make things interesting.
Basically, every market has a kind of cycle that goes up and down. When the price goes upward faster, then a correction happens, which is kind of an opportunity for many people to enter the market, and this brings more money flowing into the market.
When more money inflow happens in the market, then it brings prices up again, but there is some time gap in between after the correction and another spike in the market. We need to understand that, and in the current situation, I believe that the same is happening with Bitcoin as well.
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