A sudden price drop in the crypto markets along with the deepening points loss in the dow jones point to a a slow and steady downward trend as of late. Is the bull run of 2021 over? Are these the marks of the beginning of something much worse to come? A major recession, a new crypto winter? What could possibly be next? Any comments and thoughts are more than welcome.
Elon Musk severely influence people which cause a sudden price drop of bitcoin but not too much because after a dump it bounce back again and it will continue to increase before end of this year base on my own analysis. But this sudden drop of price is a huge opportunity for investors and traders to buy more. Nothing to worry about because crypto market is volatile and ups and down of price is just normal scenario in digital world.