Bitcoin Drawdown
☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop.
❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?
📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190.
🎅 And it would be a big coincidence to happen in the same month of December.
📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.
🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023.
Theoretically.
❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?
📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190.
🎅 And it would be a big coincidence to happen in the same month of December.
📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.
🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023.
Theoretically.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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