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Recent weeks in the cryptocurrency market have not spared many investors. Bitcoin's drop of 30% from its historical peak price level spooked many traders, and some experts began to rally the end of the bull market. 📉💥
As if to break down the events of the last 30 days into factors, it turns out that crypto investors still lose control of their emotions very easily at the occurrence of the first better strong correction. 😱🔥
Many crypto influencers have already announced a retreat from the market, citing the growing dominance of bears 🐻 and increasing selling pressure. In my opinion, this could be a deliberate manipulation, used by market makers to increase liquidity and buy at the lows themselves. 💰📉
Another possibility is the natural verification of who among the "experts" really observes the market behavior and analyzes the situation independently, and who is/was a mere solicitor. ❌🚨
The end of the bull market? I think this is nonsense. 😤💥
The aforementioned return of bitcoin to the area of $80,000 means that it is above the previous ATH, which it only managed to break through in early November 2024, when Donald Trump won the US election. 🇺🇸📅
A 30% move away from the current peaks on the price chart is a common stage of the bitcoin cycle, during which it is still possible to effectively realize profits 💸 via various forms of trading. 📊💥
Corrections in the market are needed, and even necessary, lest the market overheat, which would only unleash the end of the bull market. 🔥⚠️
Why do I argue that the bull market is still going on, and the current consolidation, to quote rapper Lona, "means nothing, proves nothing"? 🎤❓ This is what I talk about in the latest episode of "Heard Under Bitcoin ATM". 🎧🔥
Answers to these questions and more in the latest episode! 💥🎧
