Thinking out loud about the price of Bitcoin.
Bitcoin is experiencing a strong correction now. After analyzing, I realized that this is one of the most protracted and severe corrections in recent years (if you count in percent).
But what I do know about this market is that it is cyclical. Unfortunately (and fortunately) there is no such sequence: growth-growth-growth-growth-growth.
Here, as in any financial market, there is a sequence: growth-decline-growth-decline-growth-decline-growth. And it is an indisputable fact, although many don't notice it.
Now no Apocalypse, not now of the collapse of cryptocurrencies, and now only clears the cycle. Similarly, after day comes night, and as if you didn't believe in the opposite, the night will come.
And, by the way, on this negative background, the most confident we have Ethereum. It shows growth, only one of the top 10.
Expect good growth Ethereum this year.
Most of the cryptocurrencies took a hit this year, but it's still early to make any conclusion. This still can be the year of crypto. I don't have any knowledge to contribute to this discussion but I know right now, cryptocurrencies is the best investment, at least for me.
I absolutely agree