#BTC WILL hit $450k by 2025, and correct '85% Draw Down' (in 25/26) to the 2021 ATH ($69k).
(450,000 - 85% = 67,500)
$450k BTC is a 45x from $10k.
$1,000 = $100,000 (2025)
==== 85 % Draw Down Narrative (Bearish - $10.3k - $14.6k)
If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation.
Good luck catching wicks!
Follow Thread:
==== 75% Draw Down Narrative (Bullish $23k Rally)
- BTC Decoupled from the DJI this month.
- There is a potential rally to $23k (Catch up to DJI?)
BTC could be in a mid cycle bull run and in a corrective 75% draw down phase.
BTC is floating between 74% to 77% as of today.
If BTC is in mid cycle, BTC will NEED TO:
Break the $17.5k resistance, and the $18.6k Resistance for a short bull run to $23.8k
IF $23.8k resistance is broken, the 75% Draw Down narrative is in play, and the $10k -$14k BTC holders willbe left waiting for the dip.
IF $23.8k fails, $14.6k BTC in route, 85% Draw Down is in play.
==== As of todays date, BTC is on a Knifes edge waiting for a decision.
Personally, im Bearish waiting for the 85% Draw Down narrative. If BTC hits $19k, im in for the short to $23k.
BTC 75% Draw Down Cycle:
(450,000 - 85% = 67,500)
$450k BTC is a 45x from $10k.
$1,000 = $100,000 (2025)
==== 85 % Draw Down Narrative (Bearish - $10.3k - $14.6k)
If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation.
Good luck catching wicks!
Follow Thread:
==== 75% Draw Down Narrative (Bullish $23k Rally)
- BTC Decoupled from the DJI this month.
- There is a potential rally to $23k (Catch up to DJI?)
BTC could be in a mid cycle bull run and in a corrective 75% draw down phase.
BTC is floating between 74% to 77% as of today.
If BTC is in mid cycle, BTC will NEED TO:
Break the $17.5k resistance, and the $18.6k Resistance for a short bull run to $23.8k
IF $23.8k resistance is broken, the 75% Draw Down narrative is in play, and the $10k -$14k BTC holders willbe left waiting for the dip.
IF $23.8k fails, $14.6k BTC in route, 85% Draw Down is in play.
==== As of todays date, BTC is on a Knifes edge waiting for a decision.
Personally, im Bearish waiting for the 85% Draw Down narrative. If BTC hits $19k, im in for the short to $23k.
BTC 75% Draw Down Cycle:
Comment:
1, $10k BTC sold $450k = $440,000 Profit - $10k initial
$1,000 = $44,000 profit - $1k initial