This is the truth about the decline!
History always repeats itself, and retail investors are always reaped again!
In December 2020, Bitcoin ($BTC ) fell by 12%. Before that, during the period from October to November, the price of Bitcoin surged by as much as 77%. In the following 23 days, its price skyrocketed from $17,000 to $41,000, an astonishing increase of 136%.
Now, a similar situation seems to be unfolding. After a significant rise in the fourth quarter, Bitcoin has experienced a 13% drop. Of course, this does not mean that we are currently at the market bottom; we may still see a price adjustment of another 10% to 15%.
However, Bitcoin and the entire cryptocurrency market still possess ample upward momentum.