The market correction of bitcoin along with the entire cryptocurrency has begun. In a days time the market has faced a very big drop in the value. Right now everyone were with the expectation of market reaching its new ath value. Right now Whales will tend to make a big buy targeting to bump the price in a short and profit out of it.
The market now is already in bloodbath, bitcoin is still at $17k which is still a good price but the way the market is moving looks like big investors are already selling off, after the bullish run, the bear market will slowly take over.
I see that the fall in prices in the market has stopped. For the third day in a row, Bitcoin is at over $ 17,000, and ethereum is at over $ 500. Holders of the cryptocurrency are in no hurry to sell it, so far those who could not stand their nerves and who urgently needed money did it. It seems that the price correction will not last long and the bullish run may continue in early December.