Why? $BTC has tested its realized price (the price at which most investors bought in) three times before, and each time it marked a cycle BOTTOM:
- 2018: dropped 60%
- COVID (2020): dropped 72
- 2022: dropped 77%
#
BTCUSDT
Prep
88,177.4
-0.32%
If history repeats, and $BTC hits $56K (realized price), we could see a ~55% drop from its recent all-time high (ATH). đ
