The corrections in the bear market have decreased with each cycle.
Bear market 2011: a decline of -94%. Bear market 2013-2015: a decline of -87%. Bear market 2017-2018: a decline of -84%. Bear market 2021-2022: a decline of -77.5%. Based on this, this cycle could be as low as 60-65%. That would place Bitcoin's cycle low around $45,000–$50,000.
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The corrections in the bear market have decreased with each cycle.
Bear market 2011: a decline of -94%.
Bear market 2013-2015: a decline of -87%.
Bear market 2017-2018: a decline of -84%.
Bear market 2021-2022: a decline of -77.5%.
Based on this, this cycle could be as low as 60-65%.
That would place Bitcoin's cycle low around $45,000–$50,000.