There were five significant pullbacks ranging from 18% to 23%. Currently, markets have corrected 16% and suggested that there could be further to go. Meanwhile, fellow analyst Cold Blooded Shiller noted that 30% corrections were not uncommon, hinting that #BTC could potentially fall to around $51,000.
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Hehe
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Here are the implications of this chart… $BTC (orange) has foreshadowed #altcoin relative performance (white) every step of the way for years. Now it’s suggesting alt outperformance is about to take off for the first time since Jan 2021.
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