Bitcoin starts the week with some serious price action as the entire cryptocurrency market dips below 50K. Panic sellers get liquidated and shorts get sold as Bitcoin dips to 46K and then bounces off that to 50K. This Bitcoin dip appears to be a correction as the market was overheating for sometime and needed to consolidate. So we shall call this a Bitcoin correction.
#Bitcoin #Cryptocurrency #BitcoinDip
Blockchain Bullz is a team of Cryptocurrency enthusiasts who have been investing in Bitcoin and other altcoins since 2014. We were there for the 2017 bull run and are back again for the 2020 Bull Run. We enjoy talking about exciting technologies in the world of Blockchain, DeFi, Web 3.0 and other projects providing real world utility in finance.
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