๐จ Every
$BTC cycle has seen smaller drawdowns from the cycle top to the cycle bottom. ๐
๐ธ Cycle 1: 85% crash
๐ธ Cycle 2: 84% crash
๐ธ Cycle 3: 77.5% crash
๐ If this historical trend continues, there's a good chance Bitcoin's drawdown in this cycle will be less than 77.5%.
๐ Based on that, a 65%โ72% correction from the ~$126,000 cycle top would place Bitcoin's potential bottom somewhere around $35,000โ$44,000. ๐ฏ
โ ๏ธ This is not a guarantee it's simply a probability based on historical cycle data and the trend of shrinking drawdowns.
๐ค What do you guys think?
๐ฌ What's your Bitcoin bottom target for this cycle? Let me know in the comments below!
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