📉 One point that many investors overlook...
After the 2013 bull run, Bitcoin dropped from around 1 200 $ to $200, marking a decline of nearly 88%.
Following the 2017 bull run, Bitcoin plummeted from about 19 000 $ to $3,000, which is a drop of around 84 to 85%.
After the 2021 bull run, Bitcoin fell from $69,000 $ to $15,000, representing a correction of about 78%.
So, here's an interesting observation: in every cycle, Bitcoin experiences a major correction after reaching its peak.
If history were to repeat itself, even with corrections becoming less severe over the cycles, it wouldn't be surprising to see Bitcoin correct by 60 to 65% after hitting its peak of $126,000.
In this scenario, a return to the zone of $45,000 to $50,000 $ remains quite feasible.
⚠️ Of course, this isn't a prediction but an analysis based on previous cycles. The market evolves, and each cycle has its unique characteristics.
One thing's for sure: bull markets don’t last forever, and corrections are an integral part of the game.
#BTC #losses