Bitcoin Sellers Beware: The 30% Correction That Will Leave You Laughing!

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Ah, the digital currency world! It’s like a rollercoaster ride designed by a mad scientist. Just when you think you’ve got a grip on it, the whole thing goes upside down. Recently, the crypto universe has taken a breather from the dramatic liquidations that had everyone clutching their pearls. In a moment of sheer wisdom, Ki Young Ju, the founder of CryptoQuant and a man with more followers than some small countries have citizens, took to X to deliver a message that could only be described as a gentle nudge to the panic sellers: “You’re probably a noob.” 😅

Bitcoin Retracements: A Love Story

Now, let’s talk about this 30% correction business. According to our sage analyst, such a dip during a Bitcoin bull cycle is as common as finding a cat video on the internet. In fact, during the 2021 bull cycle, Bitcoin took a nosedive of 53% before bouncing back like a rubber ball on a trampoline. Who knew cryptocurrencies could be so dramatic?

Ki shared a chart that looked like a heart monitor in a horror movie, showing that Bitcoin has a history of dramatic drawdowns during key market cycles—2017 and 2020 were no exceptions. It’s almost as if Bitcoin enjoys a good rollercoaster ride after a price discovery move. But fear not! This doesn’t mean the bull cycle is packing its bags and heading for the hills.

If you’re panic selling now, you’re probably a noob.

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2025-02-27 13:31