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But according to the the top cryptocurrency analysts this correction was really a necessity as Bitcoin (BTC) was moving steady upwards without testing its new support levels.
This new correction according to cryptocurrency analysts will push out the ones which are just into the market without having any knowledge about the fundamentals of the cryptocurrency.
Bitcoin (BTC) hodlrs are saying that this is a great opportunity to accumulate more Bitcoin (BTC) to their portfolio, and many other analysts also suggest the same that these smaller dips are a great opportunity to accumulate.
Well, many people believe that this is a great move and it will show that is it really trustable and secure for them to be into this cryptocurrency thing or is this going to repeat the 2018 scenario and wash out many peoples portfolios.
There is a fear among the individuals who don't have much knowledge about the market, who are just in the market due to FOMO of missing the profits.
As per the top analysts of cryptocurrency market, this is just a correction before the Bitcoin (BTC) cracks up the $20,000 mark.
As per the analysts hodlrs are not going to lose at any cost as Bitcoin (BTC) is just Blooming and is at a starting phase right now, long term investments are going to be the best profitable investments of this year.
Have a great day ahead!
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