When the corona came in 2020, Bitcoin fell very badly, and the entire market crashed. At that time, whether it was the stock market or cryptocurrencies, everything went down, and it was a very difficult time for traders to analyze the market. If you think the biggest crash in the crypto market came during corona, according to the chart, that is correct. However, in my opinion, looking at the price, the recent market crash exactly reflects the same move as before when the market fell, but at that time, ETFs like Black Rock were not involved. Today, many big names have joined Bitcoin, and those names who have always invested in the same thing that benefited them in the past are now known worldwide with such a big name. If you look at the 2020 BTC chart, you will see the same move: first a bull market came, then a bear market, then BTC prepared a base, broke that base, and the market went up quickly. Then corona came, and the market crashed. After that crash, the market created a new all-time high. If you look at the chart in 2024, you will see the same move: first a bull run came, then a bear market, BTC prepared a base, broke that base, and then with the news of the war between Iran and Israel, bad news started to come into the market, and today the market crashed.
The same things happened in 2020, there is only one difference in the charts of 2020 and 2024. BTC did not reach its all-time high before, it made its all-time high after the crash. This time, we made the all-time high before this crash, and the main reason for this is that Black Rock, ETFs, and many big institutions were not involved like they are today. Currently, based on technical analysis, my prediction is that BTC should recover in a few days. There are mostly chances that you won't see these prices by the end of September or in October. So, do not miss this opportunity; this is your last chance to change your life, in my opinion.
If someone wants guidance then they can let me know.
This isn’t financial advice
