Many of you might be looking at this chart to predict a crisis like in 2001 or 2008—wondering if Bitcoin ($BTC) will drop to $40k.
If a real crisis occurs, the downtrend could push $BTC down to $15k, not just $40k. There’s a tendency to overlook historical patterns, but our grandparents taught us to pay attention to them.
They also say that "three times is a charm." Unlike 2001 and 2008, the market is showing resilience. With everyone preparing for a recession and keeping cash on hand, I believe we won't see a true recession in the next year and a half.