The correction of the cryptocurrency market has just begun and therefore the price of bitcoin has dropped very much, but as we can see, the price of bitcoin has been standing for a long time in about the same place and most likely something will start soon, maybe another growth of the cryptocurrency market will begin, or the cryptocurrency market will begin to fall, therefore, we need to be ready for everything already now.what you say is true, now if you look at the price of bitcoin during this month it is in the very stable category and does not make a very worrying movement and of course it is clear that this will be very good if bitcoin will increase again later. because the opportunity is always there and easy to reach at a price like this. because the predicted increase should be by the end of this year with the price already widely expected to reach renewable ATH again.
we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin HalvingAfter bullish, there should be a bearish. It always happens and everyone knows it very well. Nothing wrong with this, crypto market won't be always in the bullrun season. How to avoid big loss? Just apply appropriate strategy in your investment or trading. If you realize the bullrun season will be over soon, just convert your coins to USDT. Sell your crypto coins once the prices are good. Don't be so greedy and wait till the prices drop massively.
I've said this before, but I'll say it again. The crypto market will move sideways for a while since we're in a consolidation phase. Bitcoin and alts will see small pops, but the overall sentiment is the same. BTC must form a proper bottom before a sustained move upwards.
Nothing happens to Bitcoin because Bitcoin is always there who creates bad news and good news, so as usual Bitcoin will go up and down in price, just like what happened in the picture above if the FBI created bad news if the FBI knew exactly what it was. the name traces the Private Key.
But when it comes to Bitcoin security to solve something very difficult it takes quite a long time and that's where Bitcoin has a strong price from a security system that is difficult to hack.
Bitcoin formed a rally for a long time, now the correction will likely last even longer. I don't expect a new rally anytime soon.
At the present time, the price of Bitcoin has come down a lot. There is no point in buying Bitcoin at this time. The ideal time to buy Bitcoin is when the Bitcoin market is in good shape.Those who work with the cryptocurrency market always know when the price of bitcoin will rise. Bitcoin prices are set based on bitcoin buying and selling. When a large bitcoin buyer arrives, the price of bitcoin tends to skyrocket. This is something we've seen before when the world's richest people started doing it.
;D ;D ;D This means you missed out on the Bull run from then till May or so, if you have any form of doubt in Bitcoin or cryptocurrency in general you don't have to continue to be round, I guess people are free to dump their bags and leave the space.(https://i.imgur.com/VJBDIvH.jpg)
Check the big telegram channel that I shared, most of them also feel afraid to hold crypto and save more Fiat.
See the total marketcap at CMC getting down from +$2,000,000,000 USD to $1,484,672,123.004 USD.
Look at the Bitcoin chart with a 1D or 1W time frame, decreasing slowly.
I don't want to share FUD, but we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin Halving and I've been keeping my FIAT since January 2021.