IMPORTANT🔥
MANY ARE WONDERING IF WE HAVE ALREADY HIT BOTTOM OR IF THERE ARE STILL MORE DROPS TO COME
No one knows that... What happened previously⁉️ Let's take a perspective:
🔹Since 2011 #Bitcoin has had HUGE DROPS even in bull markets
▪️In 2016-17 there were 7 drops of more than -30%
▪️In 2021 it dropped -56% and then marked NEW HISTORICAL HIGHS
▪️Now we are down 36%... Obviously, altcoins always suffer more in these moments
💥The good news: this type of forced selling usually generates QUICK RECOVERIES.
💥Something very similar happened in 2021 and then the strongest rally of that cycle came.
📍At this moment, it is important to remember that extreme volatility is ALSO part of bull markets.
📍We have the U.S. finishing QT and cutting rates, the TGA with a lot of money that could soon flow into the system, Japan and China providing stimulus, Canada in QE and the largest rate-cutting cycle in history...
📍If the MACRO context remains positive, as it seems, this cleanup MAY end up being an opportunity. #USJobsData #BTCVolatility
