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Bitcoin is still in Red

okalok - 2025-02-08 18:01:39

This weekend is still not good for cryptocurrency market and now the price is around 96k us dollars. After the tariff news that has come from the United States things are still on the red colour encrypt market and not just Bitcoin but many other coins are also dropped a lot.


It is hard to say that when we will see the recovery in the market but I believe that this should be taking uplab months for the market to recover and then only you will see some greenery in terms of the value appreciation for various coins. Not the bigger question is that why people are worried in the market and is it the time to exit this market?



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I would say no because this is not the first time we have seen this type of sentiments in the market and properly this is not the last time because we will get to see many such incidents in future also. If we think about the long term perspective than there is nothing to worry about because the market is something that keeps on going up and down and steel but coin is not that much down.


This time looks like alt coin is going to be different which is obvious because now the count of alt coins is very high in the market and still we are getting so many new coins in the market so it is difficult to say whether any coin will grow to a very high level or not and it is completely dependent upon the coin that we are invested on and how it's community performs.


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