21 Comments

  1. InclineDumbbellPress on

    I can already imagine the people that bought the absolute top and panic sold the dip calling BTC a scam. Ah the circle of life

  2. coinfeeds-bot on

    tldr; Bitcoin’s price is experiencing a pullback approximately 250 days after the April 2024 halving, mirroring patterns seen after the May 2020 halving. Historically, Bitcoin saw a brief reversal around 250 days post-halving, followed by a significant increase. After the 2020 halving, Bitcoin retraced by about 30% before rising 140% over the next 290 days. The current pattern suggests a similar trajectory, though past performance doesn’t guarantee future results. A 30% drop could see Bitcoin at $75,000, with potential highs of $225,000 by October 2025.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  3. awormperson on

    It also mirrors the pullback after the major rallies when it did not.

    Future remains uncertain. Investors shocked.

  4. Ah yes the AI generated Hopium articles fighting against the AI generated FUD Articles, as it was written.

    10% drop.. like thats anything lol

  5. ecrane2018 on

    These pullbacks happen so much because people takeout stupid high leverage and get margin called forcing these big liquidations. Guarantee black rock etf inflows will be positive.

  6. VenatorFelis on

    As everybody knows, financial markets follow clear and easily predictable patterns.

  7. ThatInternetGuy on

    Back then it started pumping only because trillions of dollar worth of stimulus checks was announced.

  8. Cute_Bandicoot_8219 on

    “Something vaguely similar to this happened once. That makes it a cycle.” — cryptobros

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