Bitcoin Experts Say Price Plunge To $39,000 Is ‘Healthy For The Market’: Here’s Why
Bitcoin’s(CRYPTO: BTC) plunge below the $39,000 mark signifies a downturn in market value. Several crypto industry stalwarts, however, deem the correction as healthy. What Happened: “We have needed a correction since the recent pump in price for BTC,” Anthony Bevan, CEO of BlockGuard, said. “It’s an overdue retrace, which is healthy for the market. Without this correction, it would limit the potential for when the bull run truly starts to pick up pace. The whole market has been overbought for some time, I’m truly excited to see what comes next.” Multibank.io CEO Zak Taher believes that the cur…