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BTC should be close to bottoming out, but it’s not the bottom yet—DCA can be started
Take a look at the data from the first three rounds:
🔹First round: Drawdown -87.5% | Duration 14 months
🔹First round: Drawdown -84.2% | Duration 12 months
🔹First round: Drawdown -77.7% | Duration 12 months
🔸Current: Drawdown -54.0% | Duration 9 months
Summary of a pattern from Big Brother: the drawdown gets smaller and smaller, and the duration gets shorter and shorter
Assuming the maximum drawdown in this round is 65%, that’s about 45 thousand, and the time likely won’t exceed 3 months—get ready, kidney
#Bitcoin #BTC #加密货币 #Crypto