Key Takeaways

The crypto market has fallen since its July 22 all-time high.

The Bitcoin (BTC) price has decreased at a similar rate.

Why is the crypto market down today, and when will it reverse?

While the crypto market is currently experiencing a correction, the technical analysis points to a continuation of the long-term bullish trend.

Bitcoin and altcoins are in the midst of a temporary wave four, which typically precedes a strong upward breakout.

If these patterns hold, a surge toward new all-time highs is likely soon...

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