Likely 10k BTC ?
This is extension of my previous chart, which only had a total drop comparison with 2017 peak.
This chart breaks that down into 3 parts:
- Initial drop ~67%
- Relief rally ~55%
- Next leg down ~68%
Followed by a fresh rally :)
It is fascinating to see the numbers derived for this cycle align well with our current support levels.
Disclaimer: Not a day trader, TA or an expert. Just some random dude who observes chart
This chart breaks that down into 3 parts:
- Initial drop ~67%
- Relief rally ~55%
- Next leg down ~68%
Followed by a fresh rally :)
It is fascinating to see the numbers derived for this cycle align well with our current support levels.
Disclaimer: Not a day trader, TA or an expert. Just some random dude who observes chart
Penafian
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