If we look back at the history of BTC on the charts, it’s not uncommon at all for a 50% drop in price after a full steam bull run. Currently, we have only had really short lived corrections which were signification, but the price started recovering after 24 hours or even less. And this is why I predict that that BTC will hit a sub $5K price before going up again to $15K.

So what will cause this initial drop? Well, I believe the fall and the subsequent rise of BTC will both be caused by the same underlying factor, and that is the soon to be launched futures market for BTC. For those that don’t know, futures markets allows investors to bet on the future price of an asset without needing to hold or take possession of that asset. So in the case of BTC, anyone can simply bet on the future BTC price without ever touching BTC or bothering with wallets, exchanges, storage, etc. What this also does is set up the first large scale way for virtually any investor to bet AGAINST Bitcoin, and this is what I believe will cause a downward pressure on BTC in the short term. This will be especially true if BTC is still hovering around new highs when the futures market comes online.

On top of all of that, big investors want to bring the price of BTC down anyway in the short term. These serious Wall Street whales never buy anything at a premium. So expect them to use the futures market to drive the price down so they can accumulate BTC at a significant discount.

However, once the price drops, and the whales are done scooping up the cheap BTC, expect the institutional money that everyone is talking about to start coming in. And this is what will create a long, sustained bull run to $15K or above.

So it seems the introductions of a BTC futures market and institutional money into crypto will be a double edged sword. But there will be a great buying opportunity for those looking to buy BTC at a discount one last time before the largest bull run yet.