The scenario of Bitcoin's decline at the level of 56 thousand dollars
Bitcoin ($BTC ) has tested the realized price three times before, and each time it represented a cycle low:
• 2018: Decline of about -60%
• COVID crisis: Decline of about -72%
• 2022: Decline of about -77%
Currently, with the realized price at the level of 56 thousand dollars, this may indicate a potential decline of about 55% from the last all-time high (ATH). ⚠
BTCUSDT
Perp
87,282.8
-0.46%
BNBUSDT
Perp
837.68
-1.50%
SOLUSDT
Perp
122.16
-1.61%