Bitcoin’s early bull cycles (2013/2017) saw extreme volatility, with average bull market corrections of 30-40%, reflecting a nascent, illiquid market. OGs who rode this out were the true legends of Bitcoin. ???????? By the 2020 cycle, as Bitcoin gained institutional adoption and deeper liquidity, corrections averaged 20-30%, signaling diminishing volatility with scale. In 2024, Bitcoin is even more mature, with trillions in market cap and strategic buyers like Michael Saylor executing $5.3 billion in purchases, creating a powerful price floor. With reduced sell-side liquidity and increased demand, this cycle’s corrections could shrink further to 5-10%, that's why I am putting my money where my mouth is. History tells us: violent move up soon.... BTD ???? [link] [comments] |
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