@Crypto_Scient all you gotta know is BTC long term holder cost is at $49k. consists of 70-80% of holders.
BTC always dip below this average, reason is simple.
MM wanted to trigger capitulation of this biggest group.
realistically, dip 20% below this average
@Nebraskangooner 3x leverage, 33% pullback and you're dead
2x leverage = 50% pullback
one should check how much of money entered ETF, how many X kind of leverage they're on.
then aim for either 35% or 50% discount