Do you think the market will be dumping for a long time, or the market has fallen for military time?
I don't know what you mean by military time but I am sure we are experiencing the DIP on the correction level and from the drawdown, the Bitcoin market has experienced a fall of 11% which is a lot.This maybe a lot but it is still normal in Bitcoin market terms
. Bitcoin volatility is still high, other who think that it already stabilized are sure shocke with this market movement but the veterans probably are partying because they see this price decline as a window to buy Bitcoin at a discount before BTC deliver its final surge (if there is any for this cycle) before it transition to bear market.I have read a lot of thread about how the market had been profering traders excessive losses due to high volatility that had got the price volume in a worse complication to be predicted.
My strong believe is that there will be a recovery rally and a driving force that would trigger uptrend to other ATHS again if as speculated that we are still in the bull season.
Well, the year still has more than 1 full quarter ahead, there are lots of things that may happen in these 4 months, so hopefully there is another kick before BTC fully transitions to a bear market.My strong believe is that there will be a recovery rally and a driving force that would trigger uptrend to other ATHS again if as speculated that we are still in the bull season.