Just like the last cycle where we saw an $BTC drop of 77% from the peak (69k down to 15k), this time around a decrease of 65% - 70% seems reasonable. From that, we can estimate the bottom of this cycle to be around 37k - 44k. However, what everyone sees doesn’t always happen, so it’s wise to buy before others catch on. When we hit #bicoin million dollars, what really matters isn’t the price you bought in at, but whether you’re holding Bitcoin or not.
Hodlers can just chill and hold tight.
Long traders should think about adding more leverage to keep their liquidation level below 40k.
As the old saying goes, it’s not about quick trades but about holding capital. The one who can bear losses the longest is the one who wins.
Hodlers can just chill and hold tight.
Long traders should think about adding more leverage to keep their liquidation level below 40k.
As the old saying goes, it’s not about quick trades but about holding capital. The one who can bear losses the longest is the one who wins.