Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?
mentioning that we have experienced or witnessed the Rise in Fortune , isn't the right time to expect fall ? there is no permanent increase in everything that money matters and we all knew that this time will come.
dumping almost below 50k is really a sudden situation but if we knew market we will trust that price will come up again soon.
2021 is still the Blooming age of Bitcoin because of the past crisis and economic almost collapsed , People fund that crypto is one best way to Hide and keep their Money safer.
Yes, I think the same as you. This year will be another good year for bitcoin to explode by many companies accepting bitcoin. So that can help the price to lift to the higher price. Although the price now gets another correction, it will rise again and we will see another new ATH soon. But if people do not trust and finally, they are worried to see the price now is down, they will not use it to buy more bitcoin at a discount price. In the end, they will regret when they see the price increase later.