Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Well, I think it's wrong to say that we are witnessing the biggest correction of the year, since we aren't even half way into the year yet, this is the month of March, the third month, and we still have like nine more months to go, who knows what we can see, or to expect in the coming months.
Anyways, I would also join as many saying that the dump is a norm, to also say that it's a norm, bitcoin just recorded a new all time high at $73,000, it's normal thing to expects some dumps particularly from those who would want to be taking profit, and this is also a very good opportunity for new investors who have been on the side looking for good entry point to enter the market now in preparation for the next leg up.
I've in some of my previous posts said it that we werent in a bull market yet, the bull run will come after the halving comes and goes, this dump is a confirmation of that I believe.