14d • BTC updates
Where I see BTC bottom this cycle (based on historical data)
PIN THIS UP.
2014:
From failed rally to 1st bottom 65%
From failed rally to real bottom 82%
2018:
From failed rally to 1st bottom 66%
From failed rally to real bottom 82%
2022:
From failed rally to 1st bottom 63%
From failed rally to real bottom 68%
2026:
63% - 37k
68% - 30k
82% - 18k (highly unlikely imo but you never know)
This is pure historical data, does it have to wor 100%? We don't know.
Don't trust me. Go and draw the levels out yourself.
But you will be foolish not to factor it into your consideration.
Can we bounce from 60k?
What happens if we bounced hard to 97k and take it off?
What if we dump right through?
What is a good probable time to see real bottom?
This is probably the thing you need to know this bear market. Don't overthink it.
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Where I see BTC bottom this cycle (based on historical data)
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