Nothing goes straight up, and that includes bitcoin.

After 8 straight days of gains, the rug got pulled late yesterday and early today.

After getting very near $14k, the price is currently around $10,700.

That is scary and all, but bitcoin routinely pulls back more than 30% during its bull markets.

In fact, in the 2016-2017 bull market bitcoin had pullbacks of 30% or more 9 different times!

Let that sink in a bit...

There were 9 separate occasions were bitcoin offered a tremendous dip for patient investors.

Check it out:

(Source:

https://twitter.com/SatoshiLatino/status/1144289246083260416

- SatoshiLatino

)

Keep in mind one of those is not labeled on the chart, but it would go between the first and second dips.

As you can see, dips in the range of 30-40% were quite common during the last bull market.

I expect the same will be true for this one as well.

I will be buying the dips.

Stay informed my friends.

-Doc