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.
No one can actually tell because if we do try to look back then no one did really anticipate this current news or sentiment that pops out in the market on that China miner's issue
on which it did really mainly affect the entire market and the price had corrected down at least 10% but doesnt mean that these price decrease does signify
it is already the end of it.For those who have been on this market for a while now then it isnt really something a surprising for these kind of events.
market tends to go down and make out recovery later on on a very unpredictable manner.