Over the last 48 hours Bitcoin has fallen from $58K to about $44K, a drop of about 25%. Here is how similar speed bumps affected price in 2017, on Bitcoin's trip from $1K to just under $20K: A month ago it fell from about $43K to about $29K over the course of about two weeks for an interim a drop of about 30%. The patterns of 2017 and 2021 are so far mirrors of each other, except in 2021 we are starting at $30K, not $1K. An equivalent run to 2017 (20X) would take price from $30K to $600K. Bottom Line: I'm buying more GBTC.
