Actually it can. When Btc was at 15K area, most people were waiting new bottom! The logic says even if it went down more eventually it will recover for many reasons: - Hashrate was going up crazily - New bug funds showed their heads clearly via media - Huge bags came in massively as buyers, thanks to blockchain you can see everything happen in it. Despite the above! too many people lost their bags stupidly because they didn't link these factors together. Even now you can check volume on binance during the bottom of BTC, from June 2022 till March 2023, weekly chart.
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