Bitcoin flash crash presents prime buy opportunity if historic pattern repeats
Bitcoin’s flash crash could be followed by a 64% rally if historical data rings true again.
Key takeaways:
Bitcoin returns after major downside catalysts have exceeded 64.6% since 2010, suggesting that the recent escalation of tensions in the Middle East could be a BTC purchasing opportunity.
Despite trading near all-time highs, Bitcoin’s Puell Multiple remains in the discount zone, indicating institutional accumulation and undervalued market conditions.
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