People are quick to forget 30% dips are completely normal for bitcoin bull markets.
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Replies (11)
Yes
They are, but when was the last dip => %30 that happened this quickly?
Also, remember this is all without the help of retail morons panicking.
Every 4 years.
Name a time period in a bull market where bitcoin fell 30% in a month in the last 12 years.
The bull market has concluded and pretty much everyone missed the top.
Dec 18, 2017 - 19,100
Feb 5, 2018 - 7,000
(Yes I know it’s 1.5 months)
But that’s 60+% drop
Feb 2020 - 10,200
Mar 2020 - 5,000
And 2x in 2022, one 2021, another 2 in 2013, and another in 2011. 😂 it’s happens often.
You are right. I don't remember them happening this fast!
It definitely catches you off guard when it happens!
Casey, coming in with the numbers.
Thanks bud.