#BTC 75% Draw Down Bullish Mid Cycle

A BULLISH scenario may be in play

There are 2 mid cycle 75% Draw Down Scenario at play.
2013 & 2020
The entire market is on a knifes edge, waiting for a move.
17.5k will nee to be breached and there could be an explosive upward march to 23k.
The resistance will need to be broken to make a sound decision to determine if it is a mid cycle bullrun, if 23K is breached leaving the entire market waiting for the dip.

============End Bullish scenario

Currently Bearish waiting on the 85% BTC Draw Down narrative below:

Market Psychology: Nearing the end of the "ANGER" Stage waiting on the retrace.

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