A simple math problem: $BTC Bear market retracement percentage per year × Bitcoin's top price in a bull market = Bitcoin's bottom price in a bear market
2014: 150/1150=0.1304347826 2018: 3155/19800=0.1593434343 2022: 15450/69000=0.2239130435 This time, a conservative estimate of 0.3×126200=37860 or less This is the price calculated based on a four-year cycle of "marking the boat and seeking the sword" The only uncertainty now is that institutional funds and ETF funds might prevent BTC from experiencing such a large retracement in a bear market, so this price should only be used as a reference. Anyway, buying BTC in batches around 50,000 is no problem.
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A simple math problem: $BTC Bear market retracement percentage per year × Bitcoin's top price in a bull market = Bitcoin's bottom price in a bear market
2014: 150/1150=0.1304347826
2018: 3155/19800=0.1593434343
2022: 15450/69000=0.2239130435
This time, a conservative estimate of 0.3×126200=37860 or less
This is the price calculated based on a four-year cycle of "marking the boat and seeking the sword"
The only uncertainty now is that institutional funds and ETF funds might prevent BTC from experiencing such a large retracement in a bear market, so this price should only be used as a reference. Anyway, buying BTC in batches around 50,000 is no problem.