Quote from: Vinaa77 on April 22, 2023, 08:32:51 PM

Quote from: CYBER_COWBOY on April 22, 2023, 04:21:42 PM

Why is BTC going down like it does the last days? Straight down.. Down around 10% (?)
From around 30K to around 27K.

The cycle repeats again when the market is experiencing a small bull run often followed by a correction. before the correction to $ 27k in the near future a few days ago Bitcoin was corrected from $ 30k down to $ 29k and not long managed to recover to $ 30k. but now it's happening again where Bitcoin has fallen more than yesterday, but the good news is that now it's easier for us to do DCA and keep buying to add assets, don't worry too much about the price which might be correcting now.

This is a common manifestation of cryptocurrency price volatility. Bitcoin very rarely stands still in terms of price. Price drops of ten percent should not be paid attention at all. It is in ordinary markets that a ten percent drop is already causing panic. For the cryptocurrency market, this is the usual norm. Bitcoin may drop a little more in price, after which we will definitely see a certain increase.
But this year, one should hardly expect a big and sharp price rise. True, he often gives us unexpected surprises.