Quote from: Papsie on February 27, 2021, 11:22:47 PM

Quote from: suzanne5223 on February 25, 2021, 11:40:02 PM

Quote from: Papsie on February 25, 2021, 09:38:17 PM

I noticed that one of the characteriatics of thereum and bitcoin is when they reached their all time high, few days later its market price value will decrease for atleast 10%-15%. It happens in both top coins, what will be the possible reason why this is happens most of the time?

The moderately dump in the price of the Bitcoin and ETH within the 10-15% was really the characteristics of the whole crypto market when we're in a bullish momentum market (which is called a market correction) and the reason why it happens is to open the door for a new buy low opportunity and also strengthen the market.

I see, it looks like a clearance for price value and gives opportunity for the low end or small time buyers. But how it strengthen the market of crypto?

Yes, it opens another opportunity to buy low and sell high for market opportunist and short/long term investors. It also strengthens the market because it chases out the weak hand off the market once the weak hands panic sell the major holder or investors will be people that entrust their investment on the market momentum.