$10k #BITCOIN 85% Draw Down

Bitcoin has historically shown an 85% drawn down from ATH's.
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BEARISH / Short
- Currently @ $17k, BTC will drawn down another 40% to meet $10k BTC.
- Has NOT met the full 85 % draw down


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BULLISH / Long
Buy orders are in for a $10.2k BTC price.
- need to see the full 85% draw down
- V Bottom Recovery
- 30 Day sideways market

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Will we ever meet a $475k #BITCOIN Price before 2026?
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4500% (45x) from $10.2k
$1,000 = $45,000

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Bull or Bear?
comment Below

Yorum:

$475k (BTC) - 85% = $70k (BTC)
-(((475000 * 85) / 100) - 475000) = $71,250

85% Drawn Down from $475k BITCOIN is ROUGHLY about $70k (2021 ATH)