The Bitcoin Price is Just Fine

in bitcoin •  7 years ago 

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Many people are spoiled when it comes to the Bitcoin price. Last year was extremely bullish and borderline ridiculous. With a meteoric rise in value from under $1,000 to nearly $20,000. It became evident the “bubble” was quite real. Even so, the hype has calmed down as of right now, or so it would seem.

Most people tend to look at the Bitcoin price in a very short time frame. Granted, the value has dropped dramatically compared to late December 2017. It was entirely expected and will benefit the Bitcoin market in the long run. Spectacular gains are always suspicious, especially in the world of cryptocurrency.

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The market is bleeding but I still think that that the dip or bubble burst whatever you call it will help the Cryptocurrency space in the long run. These corrections help a coin to become stable.

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