Likely 10k BTC ?

2021년 7월 5일

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