Despite BTC's meteorite π success in the past 12 months π , there's a possibility of further pullback π to sub-25K at the 20K area. This might open up a window for a potential re-entry at 19K-25K, before the likely scenario of 200K-250K in the next bullrun. π
The 2nd arrow β‘οΈ points to 200-250K. I've calculated the scenarios based on fibonacci π retracement levels. Some crypto-asset pricesπ·οΈare great, although investors should not be surprisedπ«π± by another 50% loss. π
Testing 37-40K is likely before retracing to 24K, followed by a short recovery again & then retracing to 17-18K area. These are my current thoughts (2 more crashes).