If Bitcoin crashes in May, it could be the most devastating blow of the bear market


If Bitcoin experiences a major crash in May, it is highly likely to be the most destructive plunge in this round of the bear market, with prices possibly dropping straight into the $30,000-$40k range. After all, the previous rebound cycle has lasted long enough, and the market has accumulated unprecedented energy during this process, and the larger the energy reserve, the more dramatic the decline when it is released later. At that time, many high-leverage institutions and retail investors may face concentrated liquidations, and countless people will exit quietly on the eve of the true bull market, becoming victims swallowed in this brutal shakeout. $BTC $ETH
BTC0.64%
ETH-1.03%
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