If we compare the correction of the dot-com bubble, then the Nasdaq Composite index made a correction 6.4 times. If you take Bitcoin as an index, then such a correction will be equivalent to $ 3,150. If we take the entire capitalization of the cryptocurrency market, then a correction has already occurred 6.8 times. The price of Bitcoin fell to the value when there was a panic when China imposed a ban on trading in cryptocurrencies and the activity of Chinese cryptocurrency exchanges was terminated. Now there is no such bad news. + At that time, technologically, the market did not go far from 2016. Now there are already many where taxes are paid by Bitcoin and many world corporations are already partners of crypto projects. Banks conclude contracts with Ripple, XLM, IOTA, some praise Ethereum :). Of course, only the market maker will decide where the bottom will be :). My opinion is that the bulls are sitting on a low start. 3100 and 3500 is a good strong level , but manipulations are possible, especially on Bitmex..
