It seems like Bitcoin is going to exhaust after a great rally and 50% down move might be coming from here, you all shouldn't be surprised if this executes. It's much needed for the next big leg which will take Bitcoin to 170k.
I posted a similar view on the 6th March, not sure where you have your drop going to, but 15% is max for a handle or else its invalid as a Cup and handle formation, mine goes to $55,835 for a 14,97% drop, wicks are excluded as long as it goes back within the tolerance