How much drop in Bitcoin price in 24 hours is enough to convert into weak hands ? We all have some trigger point ? Even if you are a firm believer in crypto, it can be hard to remain invested if there is major correction in price over very short period of time .
Weak hands are always weak hands and they will be weak whenever Bitcoin has corrections. Weak hands can change if these people change their minds after experiencing this market more, and understanding more about this market operation as well as about Bitcoin market history.
It will be affected in percent, like - 10%, -20%, -30% correction and people will care less about drop in $. It's important if they lose in $ but I imply that they will be fearful mostly because of how many percent their portfolio drops in one day or during a correction.
Sometimes, if they're holder but are traders with leverages, their hands will become much weaker. Exchanges always wait for market corrections to liquidate leveraged positions of users and don't care their customers whether have strong hands or weak hands.