#Understanding the fall $NOT Definitely!
To avoid similar thoughts among others, I want to clarify what is happening with the price! Think for yourself -
Is there a "Recession" happening now?
(declining economic activity and falling prices)? - No, that's not suitable. Economic activity is great!
Maybe now "Depression"
(prolonged and significant decline in prices and economic activity)? - No, it doesn’t fit either. Short-term price reduction + economic activity.
Is this a “Collapse” (a sharp and significant drop in price? - This is definitely not it! The price smoothly dropped to a strong resistance level, the drop is not significant.
Could this be a “Correction” (short-term price decline, usually after a period of growth)? - This is it!
This analysis can be done by a child. It is enough to compare all possible options and price actions.
Therefore, there is no need to panic, correction is a natural process, no “destruction”
If you agree, subscribe, I will be grateful. #NOT🔥🔥🔥