Bitcoin: 'Extreme is Normal'

Bitcoin’s price dropped 24% in the past two weeks, including 19% in one day. It dropped 50% over the course of one week in May. Bitcoin's price can drop 30% this month and still not break the upward trajectory it started in March 2020. At any given time, you can’t tell if you’re in a “bear trap” that will lead to the next leg up or a ‘bull trap.’