BTC may continue to fall 83% from its top (historical pattern)
Bitcoin has historically experienced an 83% correction after it tops. So, if it doesn't hold a V bottom here, it will likely drop to
~ $11,700 as its next level of support. Interestingly, this is also close to its 0.618 fib retracement level of its 2017 top.
~ $11,700 as its next level of support. Interestingly, this is also close to its 0.618 fib retracement level of its 2017 top.