Analysis: Bitcoin has rebounded significantly after almost every sharp drop since 2018

Odaily Planet Daily News: Economist Alex Kr ü ger pointed out in an article on X platform that since 2018, Bitcoin has experienced 11 sharp drops. Although short-term weakness after each drop is a common phenomenon, almost every drop has resulted in a rebound. This pattern is one of the most reliable behavioral advantages of Bitcoin, that is, when panic emotions reach their peak, expected returns often rise sharply. In past cycles, whenever the fear and greed index of cryptocurrencies fell to 10 or below, Bitcoin continued to bring strong expected returns.