Unfortunately, it looks like this decline will be even deeper.$BTC 📉

If you look at the 5-year BTC price chart, you can find a similarity in 2021 when the price fell from its highest point by about 50%.

A drop from $63,949 to $31,861. Bitcoin then remained in a hole looking for a bottom for the entire month.📆

Transferring this similarity to the situation we have today, we can expect a drop from $110,000 to $55,000. This would also mean that the entire month of March BTC will remain low, fluctuating in price by a few percent up and down.⬆️⬇️⬆️⬇️

Going further, we should expect a breakout and a return of the price to $110,000 or higher only in April.🚀🚀🚀

Share your opinion with me in the comments.

Do you think this scenario will come true?