Bitcoin Drawdown

☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop.

❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?

📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190.
🎅 And it would be a big coincidence to happen in the same month of December.

📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.

🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023.
Theoretically.