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I see two main scenarios for #bitcoin:
#BTC goes sideways ($29k-$50k range) until next peak (in 2022/23). This would mean the bull run is continuing and we’re just seeing a large correction. There is a small % drop than normal bear markets because $69k peak was only 3.5x over $20k.
#BTC drops consistently below $29k. This means (to me) bull run is over, http://CBBI.info was invalidated, $69k was final top for this cycle, & our next cycle top will likely be after 2024 halving. Bear market floor in this scenario may drop as far as $20k (total guess)
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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain #price
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