⚠️ $BTC can it decrease by 65% like last season?
According to ki_young_ju - Founder CryptoQuant
If MicroStrategy continues to hold 650,000 $BTC in this cycle (or only sells very little), then the likelihood of Bitcoin experiencing sharp drops like -65% in 2022 is less.
Currently, BTC has only decreased by about 25% from its peak. If it does enter a bear market, it is more likely that the price will only move sideways within a wide range, rather than plummeting deeply like previous cycles.
➡️ Therefore, long-term investors should not panic.
The liquidity of Bitcoin is becoming larger and more stable, so the long-term outlook remains very bright.
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