FACTS:
BTC Draws Down 85% from the ATH.
BTC has GONE BELOW the ATH in Jan/2015.
BTC is currently 75% Draw Down.
If it continues THIS cycle, BTC will hit the $10.3k price target @ the bottom og the Channel meeting the 85% Draw Down narrative be early Spring.
PRICE:
$10.3k
WHEN:
Late Jan 2023 to Feb 2023
$7k Trend Line CRASH Narrative:
(89% Draw Down) - Unlikely?
BTC Draws Down 85% from the ATH.
BTC has GONE BELOW the ATH in Jan/2015.
BTC is currently 75% Draw Down.
If it continues THIS cycle, BTC will hit the $10.3k price target @ the bottom og the Channel meeting the 85% Draw Down narrative be early Spring.
PRICE:
$10.3k
WHEN:
Late Jan 2023 to Feb 2023
$7k Trend Line CRASH Narrative:
(89% Draw Down) - Unlikely?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.