Toying around with the previous market cycle, noticed some similarities in the occurrences of these past 2 M-top formations and decided to see what it would look like if we fell the same percentage that followed on the last smaller one as we did in 2014. Coincidentally (or not) -75% from ATH
puts us right around a very strong support and bounce level at $5k. We'll see.
Previous bear market cycle for reference ->