What if $BTC has already been through this scenario?
Bitcoin is now repeating the drawdown the market saw before SpaceX's IPO at a $75 billion valuation:
— 50 days before the event, BTC lost 19%.
— A local bottom formed 18 days after the IPO.
— By day 100, Bitcoin had already gained 39%.
The historical coincidence is intriguing. If the scenario repeats, BTC's current weakness may turn out to be just one part of a larger recovery.
But this is an analogy, not a guarantee. The key question now is: will we see history repeat itself?
Bitcoin is now repeating the drawdown the market saw before SpaceX's IPO at a $75 billion valuation:
— 50 days before the event, BTC lost 19%.
— A local bottom formed 18 days after the IPO.
— By day 100, Bitcoin had already gained 39%.
The historical coincidence is intriguing. If the scenario repeats, BTC's current weakness may turn out to be just one part of a larger recovery.
But this is an analogy, not a guarantee. The key question now is: will we see history repeat itself?
