Today I woke up to news that is inevitable for crypto lovers Bitcoin fell to 77,000 and Ethereum fell below 2000$ and its price is now around 1800$ Honestly the scene has become like a bloodbath the whole market is in a state of collapse and losses are everywhere Not only the big currencies but even the small currencies and altcoins are falling violently.
I think that what is happening is not just a normal correction because the decline in this way and with the momentum that was present before confirms that the market has gone through very strong fluctuations Many people were optimistic after the recent rises and there were expectations that Bitcoin could reach 100,000 soon but what happened today changed all calculations.
The question now is Is this a good time to buy or is it better to wait Honestly the decision is not easy Some people think that the market offers a golden opportunity for those who have liquidity because prices can rebound at any moment At the same time there are other people who think that the collapse may continue especially if there are regulatory pressures or problems in the global economy that affect liquidity and investments.
Personally I do not like to rush into decisions like this The market always goes through periods of ups and downs and I believe that those who have patience and a clear strategy will be able to benefit from the opportunities that appear However no one can predict the future and prices may continue to fluctuate for a long time.
I hope that the market calms down a bit and people can deal with the situation rationally Crypto is a field with opportunities but there are also risks and the important thing is that everyone knows why they are entering it and what they are willing to bear and The coming days will be very exciting and we will see if the market will be able to recover quickly or if we will continue in the downward wave for a longer period.
