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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