BitcoinLong
$10k #BITCOIN 85% Draw Down
Updated
Bitcoin has historically shown an 85% drawn down from ATH's.
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BEARISH / Short
- Currently @ 17k, BTC will drawn down another 40% to meet 10k BTC.
- Has NOT met the full 85 % draw down
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BULLISH / Long
Buy orders are in for a 10.2k BTC price.
- need to see the full 85% draw down
- V Bottom Recovery
- 30 Day sideways market
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Will we ever meet a 475k #BITCOIN Price before 2026?
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4500% (45x) from 10.2k
$1,000 = $45,000
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Bull or Bear?
comment Below
==============================
BEARISH / Short
- Currently @ 17k, BTC will drawn down another 40% to meet 10k BTC.
- Has NOT met the full 85 % draw down
==============================
BULLISH / Long
Buy orders are in for a 10.2k BTC price.
- need to see the full 85% draw down
- V Bottom Recovery
- 30 Day sideways market
==============================
==============================
Will we ever meet a 475k #BITCOIN Price before 2026?
==============================
4500% (45x) from 10.2k
$1,000 = $45,000
==============================
==============================
Bull or Bear?
comment Below
Note
475k (BTC) - 85% = 70k (BTC)-(((475000 * 85) / 100) - 475000) = $71,250
85% Drawn Down from 475k BITCOIN is ROUGHLY about 70k (2021 ATH)
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