#BTC WILL hit 450k by 2025, and correct '85% Draw Down' (in 25/26) to the 2021 ATH (69k). (450,000 - 85% = 67,500)
450k BTC is a 45x from 10k. $1,000 = $100,000 (2025)
==== 85 % Draw Down Narrative (Bearish - 10.3k - 14.6k) If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation. Good luck catching wicks!
Follow Thread:
==== 75% Draw Down Narrative (Bullish 23K Rally) - BTC Decoupled from the DJI this month. - There is a potential rally to 23K (Catch up to DJI?)
BTC could be in a mid cycle bull run and in a corrective 75% draw down phase. BTC is floating between 74% to 77% as of today.
If BTC is in mid cycle, BTC will NEED TO: Break the 17.5k resistance, and the 18.6k Resistance for a short bull run to 23.8k
IF 23.8k resistance is broken, the 75% Draw Down narrative is in play, and the 10k -14K BTC holders willbe left waiting for the dip.
IF 23.8k fails, 14.6k BTC in route, 85% Draw Down is in play.
==== As of todays date, BTC is on a Knifes edge waiting for a decision. Personally, im Bearish waiting for the 85% Draw Down narrative. If BTC hits 19k, im in for the short to 23k.