BITCOIN QUO VADIS ? TO 12,000 !

You are probably wandering HOW FAR WILL BTC FALL ?? WHERE WILL IT STOP ?

Or as the name of a classic HISTORICAL movie "QUO VADIS ?"

There's some HISTORICAL FACT to give us the answer.
The previous bottom was at about 3500 $ while the MAXIMUM stood at 19,197 $.

Thus THE RATIO of

MAXIMUM / MINIMUM = 5.485

As the present MAXIMUM was 66,000 $ dividing it by the above RATIO gives the

PROJECTED MINIMUM = 12,033 $

This is again a conservative estimate, that UNDERESTIMATES the DELEVERAGING of the MARKET.
As we all know the post-corona economy has received HUGE STIMULUS resulting now in strong DELEVERAGING, and RETURN TO BASE.

As to historical analysis - Remember, those that don't learn from HISTORY are bound to repeat it.