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?
Correction, the price is moving up again, there is nothing to worry about, the only time that we have to worry is when the price goes down 15% or when there is a big dip and it's not recovering for the last 5 days, this is a bad indicator, but right now the market is very quick to recover a good indication that we are still in a bull run.