DeFiAlchemist
BTC's current decline is sharper than in February, but honestly, the bottoming process hasn't really been long enough.
Looking back at April's drop from 105k to 75k, the market was extremely turbulent. Two months of sideways consolidation, many people's mindsets were battered to the point of questioning life. With every blink, funds and confidence were repeatedly eroded.
Now, from the 125k level, this wave down seems even more severe— but that actually indicates the issue. The one-month bottoming cycle clearly isn't deep enough to fully digest the decline. Market panic hasn't been completely r
Looking back at April's drop from 105k to 75k, the market was extremely turbulent. Two months of sideways consolidation, many people's mindsets were battered to the point of questioning life. With every blink, funds and confidence were repeatedly eroded.
Now, from the 125k level, this wave down seems even more severe— but that actually indicates the issue. The one-month bottoming cycle clearly isn't deep enough to fully digest the decline. Market panic hasn't been completely r
BTC0,41%