Bitcoin’s price is on a saw swing in March as the fluctuation has hit a top. It went from $ 86,000 to $ 81,000 and quickly dipped to the range $ 76,000. BTC recovered to the level of $ 81,000 again on Wednesday after increasing almost 2% in today’s trade. The price flip-flop makes investors careful to take an entry into the asset. Fear stems after the US stock market decreased another 450 points on Tuesday, which can affect the Cryptocurrency sector.
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BTC: Bitcoin’s latest crash is similar to the 2017 market cycles
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“Bitcoin is now experiencing his 11th 25%+ correction in ten years and every time everyone reacts as the sky falls and every time everyone screams that it is different this time,” He wrote.
“This hind back looks, smells and feels 100% just like 2017 to me. Rising Fiat -Liking that leads to massive price gains for assets. All this says that liquidity will continue to flow and the markets will do what they always do in this type of bicycle. This liquidity will flow into layers, bitcoin, crypto and real estate. Again, tighten up, ” He summarized it.
You will never change.
Bitcoin now experiences his 11th 25%+ correction in ten years and every time everyone reacts as the sky falls and every time everyone screams that it is different this time.
This backback looks, smells and feels 100% just like 2017 to me. Rising…
– Bill Barhydt (@billbarx) March 10, 2025
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