Bitcoin: are we heading towards another 30% drop?

The bull run from roughly mid December last year till mid January 2021 ended with a drop of some 30%, after which the market moved sideways for a week, before beginning to climb again. Interestingly enough there are a lot of similarities in the current bull run. If the pattern will repeat itself, we might be heading towards another 30% drop towards a 40K support level.

What do you think?
Bitcoin (Cryptocurrency)Trend Analysis

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