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However, the overall market is of relatively minor prominence, can.
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| Sent btc via waves | Knowing which downtrends are corrections and which ones are crashes can help you to better understand the market and how bitcoin traders react to certain fundamental and technical factors. However, the overall market is still largely trending downwards. The two words, however, actually mean different things. Understanding crypto volatility. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. |
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Correction events are typically followed.
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Bitcoin Is Getting Ready For A EXPLOSIVE Move!The price of Bitcoin fell % over the past 24 hours to $41,, having slipped below the $41, in earlier trading. Bitcoin's anticipated approval of spot BTC exchange-traded funds could trigger a market correction, but the extent is unpredictable. A correction is a pullback of an asset's price of at least 10% to adjust for over-valuation. What Is a Correction? There is no strict definition of a correction.
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