Will Bitcoin $BTC 's trend this year replicate that of 2020?
That time, it first went through a deep correction that made many doubt life, before launching into a vertical surge. However, most high-leverage investors faced losses during the false drop phase.
This October, Bitcoin also plummeted from $126,000 to $81,000, with $19.1 billion liquidated in 24 hours, forcing over 1.6 million traders to exit. In March 2020, 'Black Thursday' also saw a drastic fall to $4,800, after which a major upward wave began.
Behind the historical repetition is the continued accumulation by institutions during the correction, highlighting that the market has shifted from retail speculation to institutional dominance #加密市场观察
