Bitcoin should benefit the most, exactly the type of catalyst you would expect to kick off the next major bull cycle.
HFGL ~Hodl on~
but at same time this is going to be a healthy correction not a crash like everyone calling and the bullish trend will resume in only one condition which is not breaking 10600/11000 area must stand for reversal by all means. I hope this helps.
Here is my last view after which we got dump
You are welcome to see my original updated idea:
Here is my take, the point of parabolic run(s) is to make people short sighted and trap them with fomo (does not sound as if you're trapped which is great!). We have a ton of room on the longer trend to pull back and still be extremely bullish. See here:
This is also why I advise people who want to be involved with Bitcoin to average in to their position. Trying to get the top & bottom of moves is extremely difficult with the current market cap. Once we're over a trillion the volatility will be much less.