The uncorrected
BTC price growth could not last forever. This is exactly the message you can see on the BTC chart today. After setting a new historical high of $41,950, buyers decided to go on vacation. This is evidenced by the daily candle on 9 January: As you can see in the chart, the active pressure of buyers on the price in the period from 5 to 8 January ended with the beginning of the weekend. The result of this holiday was the BTC price fall by almost 20% in 3 days. In the previous article, we expressed our concern about the ease of price moved down by 10% in an hour.
CryptoknowmicsNothing really lasts forever and we must accept the fact that it is not always going up and moving up, dip and correction has been a part of our everyday life whenever we look on the market, people should get used to it, as long as the dip is not something that will cause panic among holders, we have nothing to worry about, I still believe that we have passed all of this we are not going down to $20k level, only a pandemic like news can cause the price to drop.
