I’ve been analysis BTC chart from all time high BTC price to bottomed in every Bear Market BTC often drop at about 70%-80%, for the last 4 cycle. In Nov 2013 BTC Peak at $1,127 and bottomed in April 2014 at $360 about -69% drop. In Dec 2017 BTC Peak at $19,423 and bottomed in Dec 2018 in $3,221 about -80% drop. then Nov 2021 BTC Peak at $67,618 and bottomed in $15,724 about -77% drop. If we take average BTC drop percentage from all Bear cycle, Currently Peak is at $124,774 minus 70-80% drop could it be the bottom around 31k – 40K?. anyone care to discuss and change my mind?

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