You are viewing a single comment's thread from:

RE: AskLeo - Was $24,500 BTC "The Bottom"?

in LeoFinance2 years ago

Based on the previous 2 cycles this is the period we should drop 80% and we only dropped 60% and summer is coming.... So this is my expectation: https://leofinance.io/@whywhy/every-cycle-bitcoin-drops-84-from-its-top-will-this-cycle-be-different

Posted Using LeoFinance Beta

Sort:  

Based on the previous two cycles we should have already gone to $200k by now.

Posted Using LeoFinance Beta

Yup that is why it´s so confusing we only did a 7X compared to the 15X or 20X before, but it did not matter before if we did 15X or 20X the drop to the bottom was 84% from the top in both cases. So 84% from 68K is the worst case scenario