Understanding the Expert
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远山洞见
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The worst start to a year for Bitcoin in a decade, but this time I can't find a reason.
Last night I increased my BTC holdings. Then I received several private messages, all asking the same question: How low will it go? Why is it dropping? How much longer will it drop?
My answer is I don't know.
But compared to the 'justified crashes' of 2018 and 2022, the 'unjustified drop' this time in 2026 may be more painful.
Because with a justified crash, at least you know when it will bottom out. With an unjustified drop, you don't know when it will stop.
This is the worst start to a year for Bitcoin in a decade.
Let's first look at how bad the data is.
- BTC has dropped 24% year-to-date, currently around $64,652.
- ETH has dropped 34% year-to-date, currently around $1,861.
My answer is I don't know.
But compared to the 'justified crashes' of 2018 and 2022, the 'unjustified drop' this time in 2026 may be more painful.
Because with a justified crash, at least you know when it will bottom out. With an unjustified drop, you don't know when it will stop.
This is the worst start to a year for Bitcoin in a decade.
Let's first look at how bad the data is.
- BTC has dropped 24% year-to-date, currently around $64,652.
- ETH has dropped 34% year-to-date, currently around $1,861.