BITCOIN latest Death Cross historically does -50% drop from here

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BITCOIN latest Death Cross historically does -50% drop from hereBitcoinCRYPTO:BTCUSDTradingShotBitcoin (BTCUSD) has just completed a Death Cross on the 3D time-frame, which is when the MA50 (blue trend-line) crosses below the MA200 (orange trend-line). Every time this took place since 2014 during a Bear Cycle, BTC dropped by at least another -52%. That was the case of the 2022 and 2018 Bear Cycles, while in 2014 it declined by -57%. At the same time, it reached the 1.618 Fibonacci extension (in 2022 and 2018) from the level the Death Cross happened 2014 bottomed a little over the 1.618 Fib). As a result, if history repeats itself, the above levels create an 'Effective Buy Zone' of $40000 (1.618 Fib) to $36000 (-52%). Do you think Bitcoin can drop this low?? Feel free to let us know in the comments section below! --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡