Opportunities often arise from downturns.
🟩0205 Market Commentary: In recent years, the entire internet has been clinging to outdated methods.
After BTC drains liquidity, there will definitely be an altcoin season; Bitcoin's bear market will likely see it drop by more than 70%.
ETH's price increase will far exceed Bitcoin's...
Moreover, all of these carved boats sank during this cycle.
The 2018 Bitcoin bear market saw a drop of 80% from its peak.
The 2022 Bitcoin bear market saw a 77% drop from its peak.
The current drop from the peak is 43%.
If the price drops by more than 70% again, it will reach 36,000.
Since 2023, Bitcoin's fundamentals have undergone a qualitative leap, making a further drop of over 70% highly unrealistic and difficult. Personally, I believe around 50% is the limit of this Bitcoin correction. This level presents a very good entry opportunity, meaning a rebound should occur between 60,000 and 70,000. Altcoins, especially MEME, should also see a price movement. Hopefully, all of this will come to fruition.
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