I have to emphasize that although that is absolutely possible, we are in a different place in the overall market cycle than we were on the dumps to $1800, $2900, and $5500 on the way up to the $19,000 all-time high.
We have been amidst heavy selling pressure for approaching 60 days and have dumped from $20,000 to $5,800
This is the second longest correction in BTC's history and the second biggest in magnitude.
People have developed very bad habits and a very smug sense of self-satisfaction amidst the perpetual bull run.
Longs at an all-time high. People have confused this situation with previous dumps on the bull run. Even long-term and very strong traders are confusing this situation.
I have never see bitcoin as an investment option with zero risk. Every business has its own risk and you have to know whether you can bear the risk, if not take a walk
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