The crypto market is melting down,and bitcoin price show's it.
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Bitcoins price has recovered from this meltdown some what but price reaming too low growing.
These above two statements show how a market progresses.
Prices went down well a negative news appeared and had a decent impact. Call it a "meltdown or meltup" does not make any difference, we call it a selloff and the prolongation of a bear trend. Immediately buy orders from patiently waiting diligent traders got filled up and started correcting the price and thus the slowdown of the bear trend and gradual reversal. These things are easy to explain but if you stay in the negative side of things you will never be able to do that.
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The coin reclaimed $17.7k+ this week and remains at the price point as of view.what do you think,bitcoin price is still correction? I personally thinking about that bitcoin price will be recover again.
I do expect more sell off personally, so I can buy more coins 
Considering my fellow forum members here, I would say I expect a bull trend to happen next year at the earliest.