BTC WINTER ANALYSIS
Dear friends,
Please take a look at my analysis on BTC's price from 2011 till now.
Let's focus on BTC's winter time ( the period that BTC's price strongly dipped until it made a new high)
- Period from April 2013- Nov 2013: BTC's price drop from $259 to $46, Drop rate: 80%, Duration 7 Month.
- Period from Dec 2013- Mar 2017: BTC's price drop from $1150 to $200, Drop rate: 80%, Duration 3 years 4 months.
- Period from Dec 2017 - Dec 2020: BTC's price drop from $19500 to $3200, Drop rate: 80%, Duration 3 years.
Prediction for the next winter:
As BTC's price dipped 50% from it's ATH, many peoples are expecting a new Crypto winter. If it does happen, what would we expect:
- Price will likely to drop 80% from its ATH from 69K to 12K.
- Duration: from 7 months to 3 years. ( new bull run will likely to happen from July 2022 to Jan 2024).
Plan the trades and trade the plans.
Happy trading.
Please take a look at my analysis on BTC's price from 2011 till now.
Let's focus on BTC's winter time ( the period that BTC's price strongly dipped until it made a new high)
- Period from April 2013- Nov 2013: BTC's price drop from $259 to $46, Drop rate: 80%, Duration 7 Month.
- Period from Dec 2013- Mar 2017: BTC's price drop from $1150 to $200, Drop rate: 80%, Duration 3 years 4 months.
- Period from Dec 2017 - Dec 2020: BTC's price drop from $19500 to $3200, Drop rate: 80%, Duration 3 years.
Prediction for the next winter:
As BTC's price dipped 50% from it's ATH, many peoples are expecting a new Crypto winter. If it does happen, what would we expect:
- Price will likely to drop 80% from its ATH from 69K to 12K.
- Duration: from 7 months to 3 years. ( new bull run will likely to happen from July 2022 to Jan 2024).
Plan the trades and trade the plans.
Happy trading.
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