Bitcoin is doing a great job these days It reached 100,000 for the first time something that makes you say wow But like anything in the world not all rises are continuous and we saw a slight corrective decline after that and Bitcoin returned to 97000 A normal and not scary movement.
As for other cryptocurrencies most of them also felt a little pressure and fell by about 1% People who follow the market know that this is very normal and it happens in any market that operates with this dynamic.
In general the market says that it is in a healthy state and Bitcoin is clearly leading the scene strongly If you are interested in investing or like to follow the market always remember that the rise and fall are part of the game The important thing is to understand the game.
Look the decline that we saw today is what we call a correction and this is a very healthy thing in any market not just the crypto market That is if prices kept going up without any drop we would say that something is not normal This correction makes the market take a breath and then continue its rise more strongly.
For people who hold other currencies a 1 drop is not something to be afraid of On the contrary the market still has opportunities Some people are taking advantage of this drop to buy at lower prices and wait for the next round of rise And if you are the type who likes to invest focus on the big picture and do not be afraid of small daily movements.
In the end all we can say is that Bitcoin made a big surprise by reaching 100000 and all eyes are on it now The important question Is this just the beginning of another upward wave or will we see a break before the market moves again The coming days will answer.
