How are you all Hope everyone is well. I am quite well by the grace of Allah. Friends, we all were expecting when etf will be approved. But after etf approve the market started dumping without pumping and yesterday btc price reached 41k$ due to which one question is working in all of us that when our market will go to a better position. Why is the market so down? Actually there are a lot of people who longed bitcoin at a very high price for a lot of long trading but we didn't see a big down in the market rather we saw a very stable price. But since yesterday people started selling btc and as a result its price started to fall. And so much a down occurs. For several days we have not seen much investment in Altcoins but after etf approved whenever bitcoin pumped people started investing in Altcoins. Even though the market went down yesterday, Altcoin did not go down so much, it means that people are investing from Bitcoin to Altcoin. And I think that's a good thing for us.

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I would say that this market correction is a good thing for us. Big companies like blockrock will never buy any coins at high prices. They will always think about their profit so Blackrock will invest only when the market goes down. Not only that, now there are many investors who basically want to buy coins but they are not taking entry in the coins so that the market does not go down, so it is understood that if the price of the coins goes down, there will be a lot of liquidity in the market, but in my opinion Bitcoin will not go below 40k$ because now there is a lot of support. is in the market so hopefully it will move to a better position. So something down is good for us it's not bad for us I think. Of course bitcoin could have made 50k$ after etf approved but here is a big story. First, it is said that the ETF has been approved from the SEC's Twitter account. But then again they say that their account is hacked so for this kind of manipulation but many people are afraid to invest in Bitcoin and as a result the market doesn't pump like that.

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But after some time I think these problems will be solved. And in the future the price of bitcoin will increase and if the price of bitcoin increases it will be seen that all other coins will continue to pump. And if that is the case, the price of Bitcoin is not increasing, but we may have to wait for Bitcoin halving. I think the market will pump a lot then. So we have to wait till then. So let's see what actually happens. But for those who have not invested yet, this is the best time because now the prices are very down so if you want to buy the coins now then I think you will get some good profits in the future. So now invest in your new old coins and keep the free coins in Bulran but I think you will get good profit.

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So this was basically today's post. Looking forward to the new post until then, thank you all.