$BTC
The cycle bottom is around 43k$ to 48k$
#bitcoin Average buy price (Realized Price - Market Price) / Realized Price)
Here’s the data from previous cycles:
- 2011 to 2012 cycle: dropped 61% below the average buy price
- 2014 to 2015 cycle: dropped 45% below
- 2018 to 2019 cycle: dropped 30% below
- 2022: dropped around 24–30% below
As you can see, from cycle-to-cycle the drop is lower and lower
If you assume the following drops from average buy price this cycle, you will see the following:
- 10% drop = $47.9k
- 15% drop = $44.8k
- 20% drop = $42.5k
💖Buying here at $60K is also not a bad idea to start a DCA as a hedge
🟢Our goal is buy as much close to the bottom
Last point - I don’t think “the low” happens in Q4,
👍most likely from June to September (end of Q2 or Q3)
🟦Open short at 68k around
✅Take profit 50-53k
🎀Don't fall in fake pump in bear market
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