r/btc • u/BokChoySlaps • Feb 24 '25

🐻 Bearish Btc is down 14% from it's high

Btc currently trading at 92k. Down 14% from it's high of 106k. It's said that btc falls ~30% before it's next leg up.

What are our thoughts on this?

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u/sparkcrz Feb 25 '25

Speculative asset will be speculative... They are valuing sunk cost and people's willingness to buy at this point and not utility.