In the last cycle, $BTC dumped 25% below the ATH of the former cycle ($20K vs $15K).
If the same thing applies this cycle, the bottom will be around $52K, which is 25% down from $69K. This price point matches well with the chart, showing a potential bottom in the $52K area.
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GateUser-8435d628
· 5h ago
I remember that each cycle's low point is a quarter of the highest point, so this time it should be around 30,000.
In the last cycle, $BTC dumped 25% below the ATH of the former cycle ($20K vs $15K).
If the same thing applies this cycle, the bottom will be around $52K, which is 25% down from $69K.
This price point matches well with the chart, showing a potential bottom in the $52K area.