Hello all! There's no need for panic selling particularly for medium to long term investors.
A little squished but basically BTC 10y on the monthly. The drops in '14 & '18 were 80%. Then in '20 & may '21 was 50%.. 50 is 2/3 of 80.. 35 is 2/3 of 50 which is where we are now (70k ATH to 45k). I think we're seeing a volatility normalization as adoption & liquidity broaden. In the early days it took less money to swing a market price, that's no longer the case.
The crash time frame has also halved .. 2014-18... 2019-21. This opens the door for the 100k range in late 2022.
A little squished but basically BTC 10y on the monthly. The drops in '14 & '18 were 80%. Then in '20 & may '21 was 50%.. 50 is 2/3 of 80.. 35 is 2/3 of 50 which is where we are now (70k ATH to 45k). I think we're seeing a volatility normalization as adoption & liquidity broaden. In the early days it took less money to swing a market price, that's no longer the case.
The crash time frame has also halved .. 2014-18... 2019-21. This opens the door for the 100k range in late 2022.