Correction

The Bitcoin price has fallen like a stone by over 2% within just 30 minutes from $7,400 to $6,950, forcing tokens and other significant Cryptos to register large losses. Moreover, the downfall continued within the next hours, and presently BTC price is as low as $6,452.

It seems Bitcoin has fully recovered from the major $9,000 price correction. As of the time of writing, the BTC price at CoinMarketCap amounts to $11,931, which is another all-time high.

It seems the market has gone mad. Bitcoin is surging further, reaching all-time highs every day. However, despite such an overwhelmingly bullish uptrend, there are high chances of a significant correction.

It seems the $10,000 forecasts were not so groundless after all. Despite a short pullback of the price, BTC is going higher again. At the moment it is traded at some Bitcoin exchanges for $8103. The price is still resembling a rollercoaster with rises and falls that can barely be anticipated.

Bitcoin is scaling new price heights.

Over the weekend, the price of Bitcoin has risen up to $592 and continues to grow. Buyers have resumed buying Bitcoin, but the situation is still under the control of sellers.

By the end of the weekend, Bitcoin’s price slightly collapsed to $624. This may be the beginning of a long downtrend if buyers stay passive while sellers are taking the initiative into their hands.

At the beginning of the week, the fall of alternative coin prices seemed to have stopped and they even slightly increased in price.