As it has been predicted by major cryptocurrency experts since 2020 that the ongoing bull run will come to an end in the first quarter of 2021, the current market prices in the last 72 hours has seen major cryptocurrencies bleeding in prices.
We can see Bitcoin losing around $7,000 after breaking an all time High of $58,000. Ethereum was around $2,054 but currently around $1,600 which was different from what we saw the last time Bitcoin fell. Ethereum and other altcoins reached a new ATH when Bitcoin was falling early this month at the time Bitcoin was falling then.
Now that Bitcoin and the major altcoins are losing price at the same time, can we say the bull run is already ending?
This poses that the Cryptocurrency traders and new entrants into cryptocurrency world has to thread with caution to avoid or minimise losing of funds to the amount they can conveniently afford to lose.
I do not think like that and in my opinion till now only 25% of bull market is gone till now and 75% is remaining and please do not worry about dips and pull backs. Even during last bull market 30 to 40% corrections were common.
Just stay strong big bulls are still ahead.