The fall scenario for Bitcoin at the level of 56,000 Dollar
The Bitcoin currency (BTC) tested the realized price (Realized Price) three times previously, and each time it represented a cycle price bottom: • 2018: fall of about -60% • COVID crisis: fall of about -72% • 2022: fall of about -77%
Currently, with the price realized at the level of 56 thousand Dollar, this could mean a potential fall of about 55% from the last historical peak (ATH).
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The fall scenario for Bitcoin at the level of 56,000 Dollar
The Bitcoin currency (BTC) tested the realized price (Realized Price) three times previously, and each time it represented a cycle price bottom:
• 2018: fall of about -60%
• COVID crisis: fall of about -72%
• 2022: fall of about -77%
Currently, with the price realized at the level of 56 thousand Dollar, this could mean a potential fall of about 55% from the last historical peak (ATH).