Crypto Market is Red

This weekend has not been good for the community because almost every coin has gone down and this is why the entire market is showing in red colour. It is a bloodbath situation in this market and this type of situation no one likes but it's the market and we cannot control such incidents happening in this crypto market.

Looking at the below image will give you a clear picture of the current market situation where we can hardly think of one or two coins in green colour. Although that percentage is not high it is good to see a few coins in green colour but the count is too low which is hard to say that it's not even one per cent out of the entire market. I can say that this is not the first time we have seen this type of situation in the market and certainly, this is not going to be the last one so in my opinion if you are a long-term player in the market then ignore it and try to grab this opportunity.

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By now everyone is aware that Bitcoin halving is going to happen in the next few days and around this event such a price dump is inevitable. It can be a planned dump in the market when whales are trying to buy more coins so that they make money more in the market and things are going to improve anyway. It will be taking long most probably to see some positive impact in this market but that long is not going to be a few years I believe because maybe by the end of this year or at the beginning of next year we will see a significant rise in the market.

Again we cannot predict how things will be in the market but this is what we expect based on the historical performance and even though when the Bitcoin price has gone down then also it is not much down. Not return to you how you take it but I believe that there is nothing to worry about and it is time to buy the dip however it is not guaranteed that this is the lowest price but surely it is a good price to go far with certain amount.

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