Bitcoin Price Analysis Understanding the BTC-USD Price Correction
Note This analysis does not attempt to speculate on the market implications of news events. This is a pure analysis of the market data.The unprecedented rise in the BTC-USD market to near $3,000 even caught many of the more bullish traders by surprise. However, this quick rise in value did not come cheaply once BTC finally ran out of steam, the market correction not only affected BTC-USD prices, but it was felt throughout the entire crypto-space as entire market cap took a massive plunge from