Despite BTC's meteorite ๐ success in the past 12 months ๐ , there's a possibility of further pullback ๐ 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. ๐
The 2nd arrow โก๏ธ points to 200-250K. I've calculated the scenarios based on fibonacci ๐ retracement levels. Some crypto-asset prices๐ท๏ธare great, although investors should not be surprised๐ซ๐ฑ by another 50% loss. ๐
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).