$BTC

180 DAYS since we made an ATH (all-time high).

-46.5% DOWN since then.

In 2022, 180 days post-ATH : -56%

In 2018, 180 days post-ATH : -67.5%

In 2014, 180 days post-ATH : - 45%

What's happening is totally normal. Since 2018, crashes have become less severe (from -67.5% to -46.5%) as the market matures.

However, in all these instances, we were far from the bottom.

In 2022, Bitcoin did another -47.5% until the bottom

In 2018, Bitcoin did another -50% until the bottom

In 2014, Bitcoin did another -73% until the bottom

Based on historical patterns, we can expect another good -40%. That brings us to a ... 40 000$ target.