Bitcoin Corrections

I have a feeling that the current cycle will largely resemble the blue cycle (bull market from 2015 to early 2018) and here's how:

1️⃣ at the initial stage of the cycle, growth begins after prolonged corrections;

2️⃣ corrections are quick, but quite unpleasant, unexpected, and aggressive (mainly around 20-30%)

Predicting the exact timing of corrections will be practically impossible. Therefore, those using leverage will always be in danger and "in the crosshairs" - at any moment, they could face a haircut similar to the one from the day before yesterday.

But, I repeat, the sell-off from the day before yesterday is characterized by the fact that it is record-breaking in terms of long liquidations since 2021. The scale is just insane. Therefore, the market has cleaned itself up and will soon be ready to quickly recover losses, and no one will even remember this drop.

#BTC