#CryptoReboundStrategy
Market Correction 🔧*
- *What It Is*: A *market correction* is a *short-term decline* of *10-20%* from the recent highs. This is common in *bull markets* and can happen after a *rapid price surge*. It’s like taking a *breather* after a sprint.
- *What Happens*: A correction doesn’t mean the market is crashing. It’s simply the market taking a *temporary pause* to *recalibrate* before continuing its upward momentum. *Healthy corrections* help prevent the market from becoming too *overbought*.
*Example*: When Bitcoin went from 65k to55k in 2021, it was a *healthy correction* before continuing upward.
- *What’s Next*: *After a correction*, the market typically *bounces back* and continues its previous trend, whether that’s up or down. It's often a *buying opportunity* for those who are *patient*.