Bitcoin just recorded its steepest selloff in three years.
Even some of crypto’s most outspoken champions are struggling to explain what triggered the selloff.
I’m amused by Bitcoin’s meteoric rise and plunge. Aren’t you?
In 2018, bitcoin fell 80% off a cliff.
The latest roller coaster?
A 45% plunge in four months, from October 2025 to February 6, 2026.
There was no single trigger.
Just a familiar selloff. Crowded trades. Leverage. Price over understanding.
Manias change. Maniac behavior does not.
As Stevie Nicks sang, “The sea changes color, but the sea does not change.”
It seems that the less investors understand about a mania’s object, the more obsessed they are to own it at any price.
Not a wise plan.
Continue Reading “Bitcoin Sudden Selloff Reveals Three Timeless Rules Many Investors Forget”