Waiting for the 38k floor: Why I'm not buying at 60k. 📉🐢
The history of the Bitcoin bear market shows a clear pattern: each correction becomes about 7% "softer".
• 2011: -93%
• 2015: -86%
• 2018: -84%
• 2022: -77%
If this trend continues, we can expect a minus of about 70% from the top ($126k) in the current correction, which leads us directly to $38,000. While the masses panic or blindly buy at every small dip at $60k or $50k, I stick to the bare mathematics.
History doesn't repeat itself perfectly, but it rhymes. Are you team "Buy now" or do you have the patience to wait for the real bottom? 👇