My Target is $49-53k That's where we could stop and consolidate for a month or two before the final capitulation 📉🩸
1st Leg Down: -36% (October-November) 2nd Leg Down: -38% (January-February) So the 3rd Leg Down (May-June) could be the same -36% (to match the first one) or it could be 2% deeper than the 2nd one, just as the 2nd Leg Down was 2% deeper than the 1st one. That would be -40%