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RE: LeoThread 2024-05-01 05:58

in LeoFinance7 months ago

The ~ -30% Bitcoin dips are normal, expected and healthy, on each crypto cycle.
What would be the +30% today, from the past peak?

~ $51500, dude !

We are yet far from that...

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I love the drops but I find myself in a bad position to buy any hive. My cash is hemorrhaging out of my account for real life stuff.

50k will be healthy dip to absorb huge buy order and if we recollect the 2021 bull cycle it dipped to 4k and then went parabolic.

alts will be like dead zero if Bitcoin went anywhere near $50k lol.

I don't think 51.5 is coming directly. If it comes then it will take time. I am just predicting it.

I don't know why even the most experienced investors are still so surprised by these fluctuations.