Unedited, unpolished - my chart how I look at it. Decipher it, ask questions - whatever you want.
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Correction - The blue arrows pointing up are percentage distance starting at the 200W MA level around bear low - it's a strange correlation, but appears nonetheless. Appearing AFTER the last bull run and correlating with the previous run, as well as appearing AFTER this past bull run and correlating with the projected future target for the next bull run. Read that again 3 times lol
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My current target is much deeper, please refer to my most recent chart..
@simpsonepic1a, Correct.. If you looked harder you would see very clearly that after the past two bull runs there is an average of an 85% draw down to bear market bottom. Check the other chart I posted along side this one that shows more clearly the pattern that has formed since 2009 - The orange lines are the halving's ..if you zoom in you can see the percentage drop indicated by the blue curved lines after each bull run. The dark box before each halving indicates the period between the low after a bull run top and the beginning of the next halving. For your information the current estimate I have for the bottom doesn't even come close to the previous 85% average - it's only 77%