The reason why Bitcoin and most cryptocurrencies are down
Yes, it is normal that after a bullish rally, like the one that usually occurs after a halving, cryptocurrencies experience corrections. These corrections are part of the natural market cycle, where significant rises are usually followed by adjustments. The halving reduces the supply of Bitcoin, which has historically driven the price up in the long term due to supply and demand dynamics. However, volatility and fluctuations are inherent in the cryptocurrency market, and corrections are seen as opportunities to readjust and consolidate before possible new rises.
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