Update Bitcoin | Price correction of the Bitcoin is healthy says Crypto.com CEO
The CEO of the cryptocurrency exchange Crypto.com recently stated that the Bitcoin price correction is more or less "healthy" and it's similiar to the phase like in December 2020 of market cycle.
The current correction from $73,000 to round about $65,000 should keep "super-aggressive" spikes in check and reinforce a steady flow.
The market momentum thus points to a phase that could already be observed in December 2020 and January 2021. However, the volatility is much lower than in the previous cycles.