Bitcoin (BTC) is already down ~40% from its peak, and sentiment has shifted to "extreme fear."
Spot ETFs are experiencing strong inflows and outflows, while the market questions its role as a safe haven.
If $72,000 doesn't hold, the risk is testing $68,000 or even revisiting 2024 lows.
Many people will not return to the game.
I have no idea about TA nor if the "4 year cycle" is still valid or not....but if it is, that suggest a bottom somewhere around $35k
Seems feasible.
$58k gang
and 65% adjusted for inflation. Nightmare!!!