Let's take a look back at some major pullbacks in the S&P 500:
2018: 12% pullback - BTC bounces 100%
2019: 20% pullback - BTC bounces 336%
2020: 35% pullback - BTC bounces 1550%
We can see that historically big crashes pull BTC down with the traditional markets, but it also come right back with it. The harder the fall, the harder the bounce.
It usually takes markets 1-2 years for markets to forget about previous pain and repeat the mistakes. We are well due a silly sell off like we saw back in March 2020 where smart money floods in, picks up cheap coins and watches them fly high.
The greatest opportunities lie beneath the fear.
2018: 12% pullback - BTC bounces 100%
2019: 20% pullback - BTC bounces 336%
2020: 35% pullback - BTC bounces 1550%
We can see that historically big crashes pull BTC down with the traditional markets, but it also come right back with it. The harder the fall, the harder the bounce.
It usually takes markets 1-2 years for markets to forget about previous pain and repeat the mistakes. We are well due a silly sell off like we saw back in March 2020 where smart money floods in, picks up cheap coins and watches them fly high.
The greatest opportunities lie beneath the fear.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.