Any price increase in the market must be accompanied by a price correction and a temporary decrease, and only in the currency markets of countries with weak economies can currencies be found that always move in the same direction against strong currencies. This rule is the same in digital currencies and the crypto market. Supply and demand, fear and greed, cause increases and decreases. These drops are not a reason for a permanent decrease, and increases will definitely begin in the next few days. If the price of Bitcoin decreases again, you can use the specified support area to enter a new purchase.
Sasha Charkhchian
Sasha Charkhchian
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.