I still remembered a day back in May 2021 when Bitcoin had been hovering around 50,000 USD to 48,000 USD after it dramatically came down from 60,000 USD. I made the call that if Bitcoin could not hold onto 48,000 USD level, there is a chance for it to break down to 40,000 USD rapidly and it was when I was proven so right and within a day on the coming Monday (just after I posted that article during the weekend), Bitcoin came crashing down to 40,000 USD. What surprised me then was how rapid the move on Monday, which saw Bitcoin bursting downwards to 31,000 USD and there were those people who were highly leveraged with longs in Bitcoin to experience margin call and then had their accounts forced closed. Bitcoin USD price chartAfter that dramatic fall, various parties came in the buying