This is when Bitcoin will play and what follows: industry experts weigh

Bitcoin has now corrected 29% of its historical maximum of $ 108,786 on January 20 to a minimum of 2025 of $ 76,784 during early negotiation in Asia on March 11.

Cryptographic investors and merchants sell panic again as the feeling became sour, but all this has happened before in the previous cycles of the upward market.

Cryptographic Analysts ‘Rekt Capital’ looked In previous cycles, noting that the average BTC correction in 2017 was 35%, and in the 2021 cycle, it was 37%.

If you will fall among these during this market cycle, prices could fall as low as $ 70,000.

Patience is key

At the end of February, the co -founder of Bitmex, Arthur Hayes, provided A drop to $ 70,000 as large coverage funds emerged its ETF positions to search for better performance opportunities.

“Be screwed to the patient,” he said on March 10, reiterating that prediction that BTC would probably throw around $ 70,000. A 36% correction from a historical maximum is “very normal for a bullish market,” he added.

He said that the central banks would begin to adjust their monetary policies, which is when the markets will recover.

The founder of Capriolle Fund, Charles Edwards, agreed with the notion saying“As things get bassists, they also become more optimistic,” before adding:

“The worse the economic data becomes, the more relatively discounted Bitcoin tends to be and more likely to see the decrease in food.”

“It may be prudent to expect a good rebound of technical recovery or a key policy change instead of trying to catch knives that fall,” he advised.

Recession issues

The fears of recession have shaken investors who sold the technological actions and cryptographic assets on Monday.

The S&P 500, the Nasdaq with technological weights and the industrial average Dow Jones fell largely when the “magnificent 7” American threw more than $ 750 billion in market capitalization in one day in the midst of defeat in the actions of the United States.

The main Wall Street banks, such as JPMorgan, have increased their probabilities of a recession in 2025 and decreased their predictions for GDP growth.

Cathie Wood by Ark Invest saying The “market is discarding the last section of a rolling recession”, which will give the Trump administration and the Central Bank “many more degrees of freedom than investors expect,” which leads to a recovery in the second half of this year.