I'm short Bitcoin, and I don't know where the decline will stop. But I don't want a complete collapse and the 2022 lows.
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Won’t be 2022 bottom, but likely similar % moves as last time so 69K to 15K was more than 50%, after 50% we saw another cut in half (70K-35K-15K). So I’d guess 40K or so would make sense but outside thing can effect just where it goes. Maybe without the FTX collapse and fraud we’d of stopped at 20K or so but we were already down well over 50% before that so I’m pretty sure we see 45K minimum next 12 months or so. New highs in 2028 after the having. At least that’s been story every 4 year cycle, maybe it starts to shift but it def won’t just go away without at least transitioning for a cycle or two first. We shall see.
Cheers!
