Based on the chart history of BTC, the initial flash crash of 30% - 40% indicates a more than likely bear market. If so, BTC should bounce off the next support range and retrace to the .5 - .702 fib. After the retrace we should expect an 80% - 90% crash during the bear market. This similar structure can be seen in the past and I am strictly copying the historical data. This should be expected until new events and data prove otherwise. This bull run has been similar to the past bull runs.
Comment
⋅
The 80% - 90% crash would be from the all time high.