A pattern that repeats every cycle, not a story about a specific person but something that shows up again and again in flow data: when $BTC hit the $58,000 low in late June, most ETF outflows came from a single large fund (BlackRock’s IBIT). Retail investors, by contrast, largely stayed on the sidelines — they didn’t sell in panic or buy the low. They simply waited.
That behavior — not acting when there isn’t a clear thesis — is often underestimated. The pressure to "do something" when the price is down 50% from the highs is real, but the data from this cycle show that those who sold in June’s panic sold right before the 4.4% jump from July 14 to 15.
This is not a guarantee that the pattern will repeat. It’s just a reminder that $BTC volatility cuts both ways, and that a written plan ahead of time is worth more than a hot reaction.
That behavior — not acting when there isn’t a clear thesis — is often underestimated. The pressure to "do something" when the price is down 50% from the highs is real, but the data from this cycle show that those who sold in June’s panic sold right before the 4.4% jump from July 14 to 15.
This is not a guarantee that the pattern will repeat. It’s just a reminder that $BTC volatility cuts both ways, and that a written plan ahead of time is worth more than a hot reaction.