How deep can Bitcoin fall this cycle?
In the last two cycles, $BTC dropped around ~80% from the top.
This time so far?
The drawdown is only ~50%.
If history repeats the same structure,
that would place the potential bottom somewhere near $30K.
But markets rarely repeat exactly.
Sometimes they rhyme.
Sometimes they break the pattern.
So the real question is:
Has Bitcoin already bottomed…
or is the final capitulation still ahead?
BTC
71,298.01
+2.62%