🚨 Stop calling it the end of the world! BTC is not about to drop to $35k or 40k.
🚨 Analyst Sykodelic did the math for everyone: Bitcoin is only down 31% from its all-time high at $126k , which is a normal bull market fluctuation. Those 70% major corrections only occur after the RSI is extremely overheated, and this cycle hasn’t reached that level at all. 📊💡 Key details: Bitcoin has never fallen below the lower band of the monthly Bollinger Bands in history, whether in 2014, 2017, or 2021—even the worst crashes respected that lower band. Right now, BTC is near the middle band on the monthly chart. ⚠️ Risks: Only if it breaks below $72k–$75k could it trigger a chain of stop-losses. As long as it holds this level, a repeat of 2018 won’t happen. In the worst case, the bottom is only around $55k , not $35k, and definitely not a 75% wipeout. 💎 Market changing factors: deeper liquidity, ETFs absorbing dip-buying funds, increased institutional participation, broader investor base—an 80% drawdown is almost impossible to repeat.
Conclusion: This bull market isn’t overheated and doesn’t need a major correction. Historical data shows Bitcoin’s reset bottom is around $55k , not a catastrophic crash. #btc
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🚨 Stop calling it the end of the world! BTC is not about to drop to $35k or 40k.
🚨 Analyst Sykodelic did the math for everyone: Bitcoin is only down 31% from its all-time high at $126k , which is a normal bull market fluctuation. Those 70% major corrections only occur after the RSI is extremely overheated, and this cycle hasn’t reached that level at all.
📊💡 Key details:
Bitcoin has never fallen below the lower band of the monthly Bollinger Bands in history, whether in 2014, 2017, or 2021—even the worst crashes respected that lower band. Right now, BTC is near the middle band on the monthly chart.
⚠️ Risks:
Only if it breaks below $72k–$75k could it trigger a chain of stop-losses. As long as it holds this level, a repeat of 2018 won’t happen.
In the worst case, the bottom is only around $55k , not $35k, and definitely not a 75% wipeout. 💎
Market changing factors: deeper liquidity, ETFs absorbing dip-buying funds, increased institutional participation, broader investor base—an 80% drawdown is almost impossible to repeat.
Conclusion: This bull market isn’t overheated and doesn’t need a major correction. Historical data shows Bitcoin’s reset bottom is around $55k , not a catastrophic crash.
#btc