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Bitcoin, 9 Jan. The ‘3 x 21’ Formula. End of the Bear Market?

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Since it’s low-volume weekend, let’s have some fun with numbers. Imagine this:


- Bitcoin declines 3 times 21%. (= 3x7).

- Each decline lasts 3x7 days = 21 days.

- A total of 3x3 impulse waves.

- If this is correct, liftoff is on 12 Jan from 40.4k.

- That means the bear market lasts 63 days (= 3 times 21).

- The total decline is then 40.4%, or $28k (= 4 times 7).

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