I went through the historical data and found something quite interesting. The worst record for consecutive falls of BTC in history is 4 months—that was back in 2018. And now? It's just fallen for two months.
Yes, this wave of retracement is fast and fierce, and many people are already numb. But if we follow historical patterns, we may just have to endure for another month, and the dawn might be coming.
Why dare to make such a judgment?
Look at the past BTC cycles: after each fall, there is often a strong rebound that even breaks new highs directly. The current market sentiment is indeed very poor, with ETFs continuing to flow out and high leverage being cleared out completely... But looking at it from a different angle, isn't this just squeezing out the bubble and accumulating fuel for the next wave of market?
The underlying logic of the bull market still exists. This adjustment is more like a periodic big washout, filtering out the floating capital and leaving behind those who can truly withstand it.
For friends who haven't exited yet, what is being tested now is not operational skills, but patience and faith. The market will always reward those who can hold on with time.
What do you think of this adjustment? Where do you think the bottom will be?
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MentalWealthHarvester
· 3h ago
I've heard this theory of historical cycles too many times, but one should always be cautious of the unexpected.
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hodl_therapist
· 3h ago
It's the same old story again, history will repeat itself, but this time it really is different.
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ProbablyNothing
· 3h ago
It's a cycle of history; just get through it.
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degenonymous
· 3h ago
Jun, I've heard this trap of historical cycles too many times. I also experienced that wave in 2018. When it really got to the worst time, no one dared to bet.
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ConfusedWhale
· 3h ago
It's this same old trap again... Historical patterns won't save my principal.
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quiet_lurker
· 3h ago
It's this same trap again, will history repeat itself? I don't believe you at all.
How long can the current fall of Bitcoin last?
I went through the historical data and found something quite interesting. The worst record for consecutive falls of BTC in history is 4 months—that was back in 2018. And now? It's just fallen for two months.
Yes, this wave of retracement is fast and fierce, and many people are already numb. But if we follow historical patterns, we may just have to endure for another month, and the dawn might be coming.
Why dare to make such a judgment?
Look at the past BTC cycles: after each fall, there is often a strong rebound that even breaks new highs directly. The current market sentiment is indeed very poor, with ETFs continuing to flow out and high leverage being cleared out completely... But looking at it from a different angle, isn't this just squeezing out the bubble and accumulating fuel for the next wave of market?
The underlying logic of the bull market still exists. This adjustment is more like a periodic big washout, filtering out the floating capital and leaving behind those who can truly withstand it.
For friends who haven't exited yet, what is being tested now is not operational skills, but patience and faith. The market will always reward those who can hold on with time.
What do you think of this adjustment? Where do you think the bottom will be?