As soon as investors thought that all pre-halving corrections and retraces were over, Bitcoin, Solana, and other top altcoins entered another correction phase. Bitcoin lost 4% today, while Solana shed 6%, and other leading altcoins also saw losses of 5% or more. However, is this cause for concern? Let’s examine the situation more closely.Bitcoin went all the way down to $66.4k from the $70k area today but consolidated around the $67k level at the time of writing.
Additionally, the Fear & Greed Index is now at 79, indicating a state of extreme greed in the market. This suggests that traders should look for entry points, and these types of days seem interesting, as Bitcoin halvings have always led to massive bull runs afterward.is a decentralized finance project that aims to streamline the way Web 3.0 businesses access funding. This platform allows Web 3.
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Source: CryptoAmb - 🏆 22. / 68 Read more »