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I see some analysts saying that Bitcoin could drop another 30% in the near future. The thing is, we are entering a strong phase of the 4-year cycle that moves the market in well-defined periods. This historical BTC cycle often brings significant volatility along the way.
The market has followed this cyclical pattern for years, and when you look back, you can see that drops of this size are not so rare during these transitions. Right now, Bitcoin is at $73.48K, with a small increase of 0.49% in the last 24 hours, but the question is whether it can hold this level or if it will really go down.
The point is that the cyclical market can bring surprises. If a 30% drop occurs, it wouldn't be anything out of the ordinary historically. Some say it's an opportunity, others see it as a warning sign. In any case, it's good to stay alert during this phase of the cycle.