Big Corrections Are Behind Us!

Deleted by OP

We cant conclude yet, because the market will have to remain as volatile as before till then, the institution adoption together with government are nothing too much in saying that the correction is this or that, for now, we can see from its performance, how the market has remained more unpredictable, as we already crossed $122,000 after it went far below $115,000 which talks more about the readiness to pump the ore and possibly make all time high.

To be honest, if we analyze what OP said, there is some truth to it, but the exact percentage of the decline cannot be predicted. However, based on my calculations, at least a 50% decline during a bear market is the maximum decline we can expect to see in a bear market. The increasing adoption of Bitcoin by new investors or holders does indeed influence price volatility. Moreover, most of those adopting Bitcoin at present are institutions and governments with long-term investment plans in Bitcoin. They are not like retail investors, who tend to panic easily in the market. Therefore, what happened in the past was a result of the panic and FOMO (fear of missing out) among retail investors, which caused extremely high fluctuations in Bitcoin prices.