The 85% Draw Down narrative hits the 0.618FIB @ $10.1k mark.
If the 2015 Fractal plays out, there could be a bigger dip to $7.8k hitting the 0.702FIB.
- This means it will reach a 95% Draw Down which would invalidate the 85% historical theory.
WHAT WILL HAPPEN?
$23k Potentially Rally for the Bulls in the near future
$10k BTC in January?
Bear for now.
If the 2015 Fractal plays out, there could be a bigger dip to $7.8k hitting the 0.702FIB.
- This means it will reach a 95% Draw Down which would invalidate the 85% historical theory.
WHAT WILL HAPPEN?
$23k Potentially Rally for the Bulls in the near future
$10k BTC in January?
Bear for now.
