historical cycle drawdowns for btc
• 2013-2015: -86%
• 2017-2018: -84%
• 2021-2022: -77%
if we should translate that to current ath of $126k:
• 77% drop is $29k
• 84% drop is $20k ish
no point finding out what 86% drop could look like cos what’s the point of the max pain
besides im not expecting bitcoin to drop below 77% btw cos the drawdowns get less brutal each cycle
so a dropdown somewhere around 65-70% might be considered reasonable
that is: $38-$44k ish
im not ready for this bros

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Bitcoin rose as much as 3.3% to $71,000 last night, following the performance of US stocks, but faced heavy selling pressure after the close, currently trading at $70,289. Ethereum briefly broke through […].
The article, titled "Bitcoin and US Stocks Surge to $71,000, Ethereum Fluctuates and Falls Back to $2,150, Bitmine BlockTempo the Opportunity to Buy the dips 80 Million ETH," was originally published on BlockTempo, the most influential ABMedia media.

Bitcoin surged to $71,000, mirroring the rise in US stocks, while Ethereum fluctuated and then fell back to $2,150. Bitmine buy the dips the opportunity to buy 80 million worth of ETH.

we could pump higher if you think it's possible