Where Could BTC Bottom?

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Where Could BTC Bottom?Bitcoin all time history indexINDEX:BTCUSDTheStockManNow that it is clear that BTC is in its bear market, it is natural to ask: how low will it drop to? Using previous cycle tops and bottoms and fibonacci retracements, we can see that bear market drops tend to bottom around the 0.786 level. The red vertical lines are tops, the green are the bottoms. Using previous bottom dates, we can expect BTC to bottom around Sep-Oct 2026, at around $40K. Given we are seeing diminishing returns from cycle bottom to top, we can also expect it top in Sep-November 2029 around $200K. I believe the $74.5K local top we saw yesterday will be the highest we see until Sep 2026.