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Yes quite possible. Many see bitcoin as a risk asset and they will want to sell in a major drawdown.
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That means....bitcoin might plunge even more?
Let me get my wallet out, time to buy more!
Got to bring these meme out!
https://m.stacker.news/43520
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Save some memes for tomorrow.
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Haha, this is the only good one I have.
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I had the wrong idea the whole time.
But I can see a lot of selling happening because the price dip.
ETF buyers dont even want to have their own coins, they are one foot out the door already.