#Bitcoin’s bear markets are compressing:
2011: -93%
2015: -86%
2018: -84%
2022: -77%
Clear pattern: diminishing drawdowns. Maturing asset.
If that trend continues, a ~70% drop from $126K puts Bitcoin around $38K.
People are calling $60K the bottom. Then $50K.
I believe $35K–$45K is the most realistic range for the real bottom.
And this is just 1 of 5 signals I covered in my latest video.
As #Bitcoin retraces to fill part of its wick, Bitcoin dominance pushes higher to fill its own.
Keep in mind, at least 50% of a wick is usually filled, not the most bullish setup for altcoins.
At the beginning of 2023, a total of over 50M USD in BTC and ETH was stolen from me, family and friends.
Unfortunately, this case has not been solved to this day and no one knows what happened to the funds. What is certain is that it was one of the biggest scams in the history of the Middle East. @zachxbt whenever you have bandwidth to look into this, it would mean the world to us and nothing needs to be done for free. There are many more details to share that I can’t post here.