Market Correction

For the past few months, Bitcoin has been on an interesting ride also referred to as a parabolic run, which has one way or the other harm the alternate cryptocurrencies.

About six days ago, Bitcoin exhausted all its energy on a parabolic run and has been on a correction ever since then. Going through twitter, telegram and different discord cryptocurrency server discussion, so many traders are bittered, while others are saying bitcoin is crashing again.

This is the reason for this post, in order to explain what a "market correction" is and to differentiate it from a "bear market" crash.

A market correction is a short time correction which happens within a few days or month, after a steep upward movement of a cryptocurrency. Could be a 10% correction and happens mainly in a bull market. A market correction gives value investors an entry point into the market.

Whereas, a bear market is a long-term market crash from an all-time high of a cryptocurrency, which can last for years. The bear market ranges from 20% to a 95% crash.

So friends, don't panic sell your digital assets because what we are experiencing is a market correction. In no time, the market will bounce back in full force.

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