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.
It has just become the normalthing for most of you people to be asking whether it is over whenever there is a decrease in price . How do you expect the market to be at this time, to just stay stable at that rate of $60,000 until it is read to climb back up again!? You all know very well that such thing is not going to happen in the market.
There are going to be times when there will be slight dip in the price, and this is why as a trader or investor you have to always prepare yourself, if you know you’re going to be getting all emotional at times like this, then why not sell when the market was going all the way up to $64000?