Crypto Dynamics and Correction Opportunities || Steem Alliance Community

Hello Everyone,

Good evening everyone.
how are you guys. I hope you all guys will be well and good. By the grace of God, I am also good. Today I am here with new post in which I am going to talk on market correction and why it is important for traders and investors.

In the world of cryptocurrency investing, The prices of bitcoin and alt coins changes a lot with market sentiments. Sometimes prices go up a lot and sometimes prices go down a lot. It is called volatility but this is normal things in crypto world.

When prices go down, some people get worried but it is actually necessary for the market to stay healthy and keep growing in the long run. These drops in prices can be scary but it give a chance to smart investors for money making if they know how to play in this crypto games.

Corrections happen in every market including crypto and stock market . we can say that it is a reset button to adjust prices for getting rids from excessive hype and make sure prices reflect real value.

If corrections did not happen then markets could get too hot and leading to big green bubbles that eventually burst and cause people to lose a lot of money.

Corrections help to calm down all the excitement and bring prices back to where they should be. This makes it better for the market to keep growing steadily. when prices drop during corrections, smart investors see it as a chance to buy in at lower prices and when prices go back up, they make more money. It is important to listening what others say about investing but it is risky to rely only on their advice.

Halving event create a lot of excitement in the crypto. During halving, the rate at which new Bitcoins are made will cut off. In the past, halving events lead the Bitcoin price to moon. This happens because there are fewer new Bitcoins being made and more people want to buy them.

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In the above screenshot of crypto bubble, we can see that the whole market is in green momentum. When btc make ATH at 73k then it take a bug correction to over come greed from market. Then it take correction at 60k level. Then impact of Fed meeting price again pump at 68k and again come back at 62k. Now price is slowly slowing increasing to make new ATH. At that time. BTC is trading at 67200.

It would be my pleasure if you will share review on my post.

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