RealFlokiInu has dropped by over 20%! This meme coin dropped because a huge whale woke up and dumped 15 BILLION tokens into the market. This led to a huge drop in price due to dilution of price!
#Bitcoin This cycle can be defined in 4 stages š
š¹ Rally: Jan 2023 - Apr 2023 š¹ Consolidation: Apr 2023 - Sep 2023 š¹ 2nd Rally: Sep 2023 - Mar 2024 š¹ 2nd Consolidation: Mar 2024 - Now
The first two were shorter. The second two took longer and are now the same duration.
So most of the gains in this cycle were in relatively short few month periods.
Both 2023 and 2024 saw 6+ months of chop/bleed/consolidation.
This is why timing the market is hard. If you sell with the idea to buy back lower, you might end up being sidelined for one of those violent moves up.
If you try to allocate or leverage up for the big move too early, there is a good chance you get chopped up.