☕️#fdusd #BTC What do you think about looking at history and predicting the future [Thinking][Thinking][Thinking]
Analysis of Bitcoin’s market cycle: After BTC reaches its peak, it usually falls back by 80% before hitting the bottom.
After BTC rose to 1160 in November 2013, it fell to 210 in January 2015, a drop of 81%.
After BTC rose to 20,000 in December 2017, it fell to 3,100 in December 2018, a drop of 84%.
After BTC rose to 69,000 in November 2021, it fell to 15,500 in November 2022, a drop of 78%.
Therefore, the bottom of this bear market for BTC is around 13,000