This is what I see in the Macro TA.
Bitcoin has a history of Dropping 90, 80, 70 percent in its life-time. The average drops of each is about 82%. What people are forgetting is that Bitcoin has also pumped thousands of Percent in its history. From 2017 high to 2021 high, we have only seen a 250+% increase on Bitcoin. This is very minimal to the hundreds/thousands of percent we have seen in past history. From TA and FA, Bitcoin still has some room to go. Prediction is about 165k per bitcoin and that is when the True bear market will start. Dropping 80%.
Bitcoin has a history of Dropping 90, 80, 70 percent in its life-time. The average drops of each is about 82%. What people are forgetting is that Bitcoin has also pumped thousands of Percent in its history. From 2017 high to 2021 high, we have only seen a 250+% increase on Bitcoin. This is very minimal to the hundreds/thousands of percent we have seen in past history. From TA and FA, Bitcoin still has some room to go. Prediction is about 165k per bitcoin and that is when the True bear market will start. Dropping 80%.