No surprise if BTC goes to 10k this bear market!
Here's a quick look at the BTC log. chart.
In its second bear market, BTC retraced 87% from ATH and the bear market lasted well over 600 days.
In the third bear market, BTC retraced 86% from ATH and the bear market lasted 480 days.
In the current bear market, the price has retraced around 73%. If the bear market takes the same path as the previous bear markets, then we could see a 10k BTC.
It should be mentioned that the BTC price isn't showing much strength right now, and S&P 500 is also finding some resistance. We could easily go down from current levels.
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
In its second bear market, BTC retraced 87% from ATH and the bear market lasted well over 600 days.
In the third bear market, BTC retraced 86% from ATH and the bear market lasted 480 days.
In the current bear market, the price has retraced around 73%. If the bear market takes the same path as the previous bear markets, then we could see a 10k BTC.
It should be mentioned that the BTC price isn't showing much strength right now, and S&P 500 is also finding some resistance. We could easily go down from current levels.
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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