Bitcoin has lost About 80% of its value in previous cycles
This post is just a review of the Bitcoin historical chart and I do not confirm or reject the findings of this analysis
Examining the drop% from its ATH in previous cycles shows that bitcoin has lost 80% of its value. Bitcoin is currently only 57% lower than its ATH. If this criterion is correct, Bitcoin should go another 23% lower than its ATh. That would be around $ 13,000
Examining the drop% from its ATH in previous cycles shows that bitcoin has lost 80% of its value. Bitcoin is currently only 57% lower than its ATH. If this criterion is correct, Bitcoin should go another 23% lower than its ATh. That would be around $ 13,000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.