Quote from: dezoel on March 11, 2025, 07:14:09 PM

He posted it last month and I think BTC is not yet on a dip state there but he is still wondering in advance if what would cause it to drop 30 percent or more. So far BTC is in a dip state but I think the drop is not yet 30 percent. The cause of the drop seems to be related to Trump but for it to drop more maybe there is another cause which can be brutal than it. The OP's question seem not only be limited from this month but it made sense because a drop like that can be rare.

If we compare bitcoin's ATH of $109k in January and its most recent low of $76k, we can see that bitcoin has dropped 30% in just over a month. Although bitcoin is volatile, for an asset with a market capitalization of nearly $2 trillion, a 30% drop is a significant drop and it is not as normal as many would say.

Certainly, the entire financial market has been significantly affected and recession fears are growing…and the main cause is none other than Trump.

Quote from: dezoel on March 11, 2025, 07:14:09 PM

The current trend now seems to be bearish already but like you, there are others that are not convinced with it. I feel bad for you guys, I mean not in an evil way. Anyways, yeah nothing is permanent in this world, including in the world of cryptos. Whether the drop is huge or small, there will always be a way for recovery.

To be fair, there's no clear sign that we're already in bear season, nor is there any sign that bull season will continue. More time and data are needed to assess the actual market situation and what stage of the market we are in.