"The Truth of the Drops"
Bitcoin reached its all-time high at $124,474... but the truth is simple: there is no bull market without violent drops.
• A 20% retracement would bring the price to ~ $99,500.
• A 30% retracement → ~ $87,100.
• A 40% retracement → ~ $74,600.
Does it seem impossible? History proves otherwise:
• In 2017, BTC dropped 40% in September before skyrocketing to $20,000.
• In 2021, corrections of 30% to 50% were the rule, not the exception.
• Even during the rallies of 2013, 40% was routine between highs.
These drops are not the end of the party. On the contrary…
• They are the market reset, when the leveraged are liquidated.
• It is where the strong accumulate, and the weak sell in panic.
The moment is one of strength, but don’t be fooled: drops of 20%–40% are part of the game. $BTC