The past 24 hours haven't been the best for BTC, we've had roughly 12% over the past few days and it has set in a bit of a bearish note in the markets.
One needs to always remain clear headed, and remember that in the biggest bull markets it's perfectly normal to dump even up to 40-50%!
If we look at the above chart from the prior bull market, we can see just how many times btc DROPPED more then 40%!
Only to resume the bullish posture and goto new highs.
So while yesterday and today have been not been the best, we need to be prepared for even more downwards action.
That doesn't mean it needs to happen, but it will happen many times in the next 1-2 years so prepare accordingly! And prepare as it just might happen here again :)
@originate Hive Developer Evangelist & Market Analyst
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Was reading some people saying how bummed they were about the price of HIVE today. One mentioned they were hoping to have extra income for x-mas this year. I thought to myself, Christmas? That's years away after convert the months into crypto years! 🤣🤣
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@inalittlewhile A day seems like a month in Crypto World. I am hopefully too that things will start picking up Nov/Dec so maybe they will get to be a Good Santa After all :)
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"We don't need the ladies,
crying cause the story's sad"!
Joe Walsh
😁
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