This bear market will be much more like the 2014 bear market than the one we've had in 2018. I have put similar waves in the same color for visual presentation. Small differences are the covid crash which resulted in a break of support (orange line) which we did not have in 2012 and the double top we formed instead of moving higher like we did in 2013. Another major difference is ofcourse the high inflation and possible bad prosects.
My btc target of this bear market is between $12k and $9k, which will be followed by a black wave resulting in new ATH around 2025, followed by a corrective (bear market) wave like the one in 2018. Blue wave again followed shortly by a red wave after that bear market is over to give us a new ATH in 2029/2030. Don't be too precise with interpreting the dates as a lot can happen in between it all. It's just a visual representation of the possible opportunities we get during this bear market.
My btc target of this bear market is between $12k and $9k, which will be followed by a black wave resulting in new ATH around 2025, followed by a corrective (bear market) wave like the one in 2018. Blue wave again followed shortly by a red wave after that bear market is over to give us a new ATH in 2029/2030. Don't be too precise with interpreting the dates as a lot can happen in between it all. It's just a visual representation of the possible opportunities we get during this bear market.