🚀💰 Are Bitcoin and Crypto Over After This Bloody Week/Weekend? 📈📉

Let's look at the retracements in the 2017 and 2021 cycles.

Ignoring the Bitcoin formation cycle, we can see that the largest drop in the second cycle (2017 Top) was a 40% drop.

The third cycle leading to the 2021 peak had a 63% drop (we call this the Covid crash).

And those are just the biggest ones marked by the orange circles on the chart.

There have been many 30% plus price drops that continued to the peak.

What does this tell us? Well, our current 29% retracement, which is 33% off the all-time high, is not uncommon in Bull Markets.

Bull Market Not Invalidated. Take a Deep Breath and Keep Going! $BTC #Write&Earn