PLEASE CHECK ADDED 2017 PICTURES IN COMMENTS
In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times
As we see one bigger correction started at ~2x ATH and was at -38%
Since 2019 it seems to have changed to 20-30%.
-20% would mean we correct to 33k.
-30% would mean we correct to 29k.
I believe that this could be the dip-metric for this bullrun, because, as gains getting smaller, so will dips.
If we would get deeper, i think -40% (~25`000) would be the limit.
In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times
As we see one bigger correction started at ~2x ATH and was at -38%
Since 2019 it seems to have changed to 20-30%.
-20% would mean we correct to 33k.
-30% would mean we correct to 29k.
I believe that this could be the dip-metric for this bullrun, because, as gains getting smaller, so will dips.
If we would get deeper, i think -40% (~25`000) would be the limit.
Comment:
Comment:
Trade active:
If valid, we could be at halftime already. Some more squeezing ahead. Also possible that RSI go down much deeper (if correction lasts 2-3 months) , which could boost 60k.
Comment:
I guess that the correction could be much shorter than expected, like already happened at my 18k analysis.
