Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.
In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.
Market Needs Crash There will be evemtually as it can't all be up evrytime. What goes up must and will go down and i think that will be the case though it's going to be more of a correction than crash. Bitcoin's garnered great support recently to even think of a crash anytime soon
The way bitcoin markets price is increasing and that too with each passing moment, I dont think so that there will be a crash in the near future.
In fact, the market price of bitcoin will keep on increasing in the coming days as well and this is the thing which will help the investors in making their dream of getting rich to become true. I am very much hopeful that the market price will increase in the future.
But BTC price need correction. Its price always gets higher and higher, and if market wouldn't get correction next BTC dump could have horrible consequences
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