#Bitcoin is now following the bear market cycle almost perfectly.

History has a way of repeating itself, and so far, this cycle is playing out exactly as expected.

Based on this chart, $BTC could see a move down toward the $48,000 level in June.

Save this chart and come back to it later — it may make a lot more sense as the market unfolds.

BTC

62,590.71

-2.13%