The bitcoin course is falling. Shopping opportunity or a time to escape?

The bitcoin course is falling. However, the foundations do not suggest the end of the bull market. So why did we receive declines? Much indicates the temporary doubt of investors in further increases.

The bitcoin course is falling

The bitcoin course includes correction, at the time of writing these words for 1 BTC, you pay $ 115,587.99.

Generally on the market today you can see the advantage of bear over bulls. Altcoins bleed even harder than the main cryptocurrency, which can be seen in the following statement of bitcoinwisdom:

Is this the end of the bull market? Of course not! This is another correction, needed especially after recent increases, during which Ether almost pierced ATH from the previous cycle, and BTC drew more in this.

Why is it falling?

However, the reasons for declines are the most. For example, investors have failed data from the USA. Producer inflation jumped in July to 3.3% – this result is much higher than expected. As a result, the expectations of the percent of foot cuts decreased. – Now they amount to 84.8%, previously over 90%. However, this is still a great result and doubtful that it decreases to e.g. 50%. Another Fed meeting on September 17.

It is possible that investors promised more after the meeting of Donald Trump with Vladimir Putin. So far, a ceasefire has not been announced in Ukraine.

In addition, there were not very good results on ETFs. This is clearly seen at the level of Ethereum funds, which for weeks (with a short break) were positive, and in Friday there were declines in this field.

However, there are many indications that this is only a temporary discouragement of investors and a natural correction of recent increases. Cryptocurrency foundations remain strong. In September, the Fed can start cutting percentage rates, and Ethereum remains the center of the DEFI market, ETH is buying large companies and ETFs. The supply of Stablecoin is also growing, which are one of the market foundations. For further increases, we need a reduction in percentage rates, as well as the calming down of the geopolitical situation. We can receive all this in a month. Then we will probably continue to grow.