Bitcoin and crypto pullbacks can cause a lot of worries! There are many BULLISH things still to consider in the market though, and in this video, we will talk about the Bitcoin (BTC) and cryptocurrency market dumps and why they are a GOOD thing, and why there’s no reason to worry about the longer-term just yet.
Shakeouts and cryptocurrency crash like what we’re seeing are always a NORMAL and HEALTHY part of the bull runs. We can’t see longer growth and trading action to the upside without these types of moves. Historically, they have always led to much higher highs since we’re not seeing signs of the bubble climaxing just yet (in fact, far from it).
The Bitcoin (BTC) and crypto spaces are extremely volatile, so these types of Bitcoin crashes and crypto market pullbacks are always going to be something that we deal with. As mentioned, we can’t continue extremely bullish upside until we retrace and establish support. Remember, buying can’t continue forever without these pullbacks.
Are you worried about the crypto and market spaces right now?? Post your thoughts and predictions in the comments section below!!!
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The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.
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