5 Reasons to Remain Bullish on Bitcoin Despite Recent Price Drop

Leverage wipe-out has made the crypto market much healthier by drastically reducing open interest and funding rates, decreasing the risk of further liquidation cascades.

Bitcoin's upcoming halving could have a positive impact by reaching a wider audience now that spot BTC ETFs are live, potentially getting more investors excited about Bitcoin.

If stocks drop sharply, the hit to crypto would likely be short-lived given Bitcoin's other ongoing bullish narratives like store of value and growing adoption.

Massive liquidations often mark the bottom for crypto prices by cleansing excess leverage and exuberance from the market.

Corrections of 16-20% are normal and healthy in broader Bitcoin bull markets, with consistent demand seen for longer-dated BTC and ETH calls.