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From -19% to -38%: What the Market’s Cycles Tell Us Now
The cryptocurrency and stock markets have witnessed significant declines in recent years. The market has recorded major price drops of 19%, 23%, 38%, and 21%. These downturns are not unusual occurrences, as they represent cyclical corrections that form part of a larger secular bull market.
Recent fluctuations have seen the market experience drops ranging from -19% to -38%. However, such corrections are normal in the overall trend of the market. This is also evident in the cryptocurrency space, where such movements often cause short-term difficulties but can prove profitable for long-term investments if viewed within the context of a larger recovery.
The current decline could potentially mark a turning point in the market’s cycle, with technical indicators pointing to a possible upward shift.
Source: https://cryptonewsland.com/from-19-to-38-what-the-markets-cycles-tell-us-now/
