In previous $BTC cycles:
2014–2015: Down ~86%
2018: Down ~84%
2022: Down ~77%
However, each cycle, the depth of the correction tends to narrow as BTC's market cap increases.
If this pattern continues:
60% correction → around $50k
70% correction → around $38k
80% correction → around $25k
From an ATH of $126k, the most logical area for this bear market is in the $40k–$50k. #BTC #BearishAlert