Data shows that $1,000 intraday surges in Bitcoin price often lead to double digit corrections shortly thereafter.
Source: https://cointelegraph.com/news/data-shows-1-000-bitcoin-price-gains-are-followed-by-38-drawdown
Data Shows $1,000 Bitcoin Price Gains Are Followed by 38% Drawdown
April 30, 2020
CoinTelegraph