The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Think about it. Has BTC done this before - YES. Has there been a strong recovery -YES.
With such a strong rally of reaching a new ATH, seeing a small drop is only natural.
The growth is still on the way, and for those who believe in BTC would think this is a good opportunity to jump in and buy.
The point is that what we see today is normal and it's likely a sign of a strong rally.
I agree. It is not all the time hike, sometimes the price dump which an opportunity to other to invest and buy to join in the trend. There is always price fluctuation specially when the volume of the coin in the market has large changes. Bitcoin will pump and dump the reason you have to be a good player and make predictions to gain from that situation.