BTC - There is a room for further price DROP

Taking into consideration the previous price drop from ATH in 2018 of approx 80% and price drop from ATH in 2020 of approx. 72%..... price might drop currently from ATH in 2021 of approx. 76% to $16315, and this scenario will be activated ONLY if price break the support level of $ 29893!
But I think price will hit $29893 and start a new price bullish. I will start buying at this strong level.
Only price breaking above $44800 will result in cancelation of this analysis.