The #cripto market has proven to be quite resilient despite the drop we had on Monday. Although $BTC #Bitcoin! suffered a small stumble after a good month of September, it seems that this is just a respite and not a drastic change. Many experts believe that these ups and downs are part of the game and that we could see a recovery in the coming weeks.
As for the numbers, Bitcoin is still near its 200-day moving average, which is usually a good sign to stay calm in the long term. Also, October has been a historically strong month for cryptos, so there is no need to lose hope.
What really encourages me is that technology continues to advance. Things like scaling solutions on $ETH #Ethereumâ and new #blockchains are emerging, which could help keep the market afloat.
Bottom line, while these corrections may worry us a bit, the long-term outlook is still pretty positive. It's just a matter of time before we see a nice rally again. So keep the faith in this crazy world of crypto!
