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How much longer will cryptocurrency continue to fall in price?
Every morning I start by checking cryptocurrency prices, and sometimes I really don't want to wake up. It feels like the price drop is giving me a nervous tick.
Some analysts say that the bull cycle is not over yet, and even a drop of 60-70% from the peak does not indicate the end of the bull cycle. They say the current situation is related to profit-taking by large investors. The crypto market has experienced similar periods more than once, they claim.
I don't know where analysts get their confidence from, but I think they are definitely not risking their own money.