Darren Easton on Nostr: Bitcoin corrections in January after halving years are totally normal. For example, ...
Bitcoin corrections in January after halving years are totally normal. For example, in January 2021, Bitcoin dropped over 25% before hitting new all-time highs later that year. A similar pullback now could dip below $70K, but there’s a lot working in Bitcoin’s favor today:
1️⃣ Mass Adoption: Way more people, businesses, and institutions are using Bitcoin now, providing stronger support for prices.
2️⃣ Pro-Crypto Governments: Some leaders and governments are embracing crypto, pushing for friendlier regulations that could boost confidence.
3️⃣ ETFs and Institutions: The launch of Bitcoin ETFs and increased institutional interest (think BlackRock) have added legitimacy and liquidity to the market.
Corrections are part of Bitcoin’s journey, but with all this progress, the current ecosystem feels more resilient than in the past. Stay cool, think long-term, and remember: volatility often creates opportunity.
1️⃣ Mass Adoption: Way more people, businesses, and institutions are using Bitcoin now, providing stronger support for prices.
2️⃣ Pro-Crypto Governments: Some leaders and governments are embracing crypto, pushing for friendlier regulations that could boost confidence.
3️⃣ ETFs and Institutions: The launch of Bitcoin ETFs and increased institutional interest (think BlackRock) have added legitimacy and liquidity to the market.
Corrections are part of Bitcoin’s journey, but with all this progress, the current ecosystem feels more resilient than in the past. Stay cool, think long-term, and remember: volatility often creates opportunity.