In this chart I wanted to show what Bitcoin did historically during sell-offs in the last Bull market. I measured about 10 times that Bitcoin sold off 20% or more only to recover and keep rising in price until it climaxed at $20k. The market cycle before that was even more volatile. But for our purposes I just wanted to show that during a Bitcoin Bull Market is nothing new. Everytime it dips like this Bitcoin is transferred from weakhands to the strong hands that bought the dip.
Published at Thu, 14 Jan 2021 06:53:54 +0000