Fractal BTC recovery - AMZN 2009 recovery
In 2008/2009 AMZN stock saw one of its biggest crashes. It wiped out 64% of value in about 10 months. BTC saw a similar crash in 2022/2023 wiping out about 75% of its value.
Let's speculate that BTC would see a similar recovery as AMZN. This would mean BTC recovers 276% to about 65k per Bitcoin.
Because AMZN did it after 2008 it's certainly a possibility. Cryptocurrencies are also traded 24/7 so in a year it would have been available to trade much longer as AMZN stock.
Just a speculative idea on what is possible.
Let's speculate that BTC would see a similar recovery as AMZN. This would mean BTC recovers 276% to about 65k per Bitcoin.
Because AMZN did it after 2008 it's certainly a possibility. Cryptocurrencies are also traded 24/7 so in a year it would have been available to trade much longer as AMZN stock.
Just a speculative idea on what is possible.
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