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Historical Insights into Bitcoin’s Recent Price Drop

Last week, Bitcoin finally underwent the correction everyone had been anticipating since it first broke the $100,000 mark, but that had never really materialized until now. We haven't provided a dedicated Bitcoin update since Zackary posted an update to the post we made about a week ago when we received our red signal. I did cover Bitcoin a bit through our S&P 500 post (and made these posts accessible to everyone), as I believe the fates of both markets are closely tied. However, be assured that when we don’t publish an update as Bitcoin moves, it is not out of laziness but rather because, in all honesty, there is sometimes nothing new to say about Bitcoin that wouldn't be pure speculation or simply noise. After all, when even Michael Saylor, the confident face of Bitcoin, was desperately telling us to sell a kidney instead of Bitcoin last Thursday, who can truly claim to know what’s next for Bitcoin?

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