BTC REPEATS "DEATH SCENARIO" 2022: A FALL OF 52% FROM THE PEAK OF $126K? 😱
Bitcoin is astonishingly recreating the bear market structure of 2022. After reaching a new peak near $126K, the price has adjusted at a rate equivalent to the drop from $69K of the previous cycle.
Don't expect to see the bottom immediately! History shows that the cycle bottom rarely forms after the first drop but usually appears after a prolonged sideways period, when the patience of traders is worn down to the extreme.
In this volatile market, flexibility is more important than certainty. Instead of guessing, focus on structure and risk management at key price levels.
In your opinion, will history repeat itself or is "this time different"? At what price level will BTC find its bottom? Comment right below! 👇
🔍 Source: BlackCat Trading Mindset