Be ready for big dips even if we are in a bull market. It's not unusual to see dips of 30% or even over 40% throughout a bull market, and then the price bounce right back and continue the bullrun.

Crypto is still a volatile rollercoaster market.

For those who were here in the past cycles, you probably remember all the times we had big dips throughout the last bullruns, and lots of people panicked thinking it was already over.

Look back at the price chart, and see what a rollercoaster bull markets typically are.

While the general trend kept up to new highs, there were some dramatic drops along the way.

Looking at the chart might not look that scary with the full bull market into context, but if you just isolate those dips, they were pretty big and scary moments at the time.

And some of the dips can sometimes be well over 30%:

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https://preview.redd.it/c79wkz7qsqnc1.jpg?952&format=pjpg&auto=webp&s=702cb3ccfc7d5607047790881206053b6627046b

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In 2021 we had that big double top with a dip of over 40% in between:

https://preview.redd.it/etbrmnxytqnc1.jpg?839&format=pjpg&auto=webp&s=ed75ccc7f379d360f5fddb6f20ffccd4adaa39fd

And here are some of the biggest dips and crashes:

https://preview.redd.it/j7hurmg2uqnc1.jpg?1200&format=pjpg&auto=webp&s=40729588be1165d3f76bea327b1e69493d711c69

If the price of Bitcoin drops by more than 70%, then that's usually "THE crash" and the end of a bull cycle, and beginning of a bear cycle.

Anything between 50-70% might just be a black swan event (like the Covid crash or Hash Wars).

Any dips under 50% is just business as usual for a bull market.