But, what will happen to the Altcoins?
How do we approach this market correction?
The altcoins and altcoins market has been growing massively since the year 2021 started.
Bitcoin took 2020 by storm but as we reached 2021 the Altcoins also joined the fun.
As Bitcoin stopped for a while and decided to consolidate, the Altcoins started to move and took most of the market gains.
As most of the altcoins go through a strong wave, it is normal to see a retrace develop... After prices go up strong a classic correction takes place.
With thousands of altcoins growing every day... When the correction comes, money flows from Altcoins back to Bitcoin and we see how Bitcoins prices grow.
This correction can last 1-2 weeks at most for the Altcoins...
When the correction is over, Bitcoin will take a break and the Altcoins will continue to grow.
Right now we wait patiently...
We will see a new higher low by many altcoins followed by more GREEN.
There is more...
Leave a comment if you want to know!
We are in a bullish market.
Thanks in advance.
howlong does bitcoin correction last ?
and what are the resistance levels for bitcoin in correction time ?
The duration of any correction is also not a set time, it varies wildly.