BTCUSDBitcoin / U.S. dollarBITSTAMP:BTCUSDbigrediskaIn life, one must know how to dream. But that's not enough. You also have to believe. Believe that Bitcoin is capable of dropping by nearly 80%. Why? It's quite simple. No one wants to play the game of: "I was a fool because I bought high. Now I’ll just hope someone even more foolish comes along and lets me earn a few percent." That’s why no one will buy Bitcoin until market participants feel it can rise by 50%. That’s the essence of this cryptocurrency: an unbacked asset that can be pushed back and forth, generating tens or even hundreds of percent in profit. At the moment, it’s failing to deliver on that potential. That’s why no one is buying it. From a technical standpoint, a small “head and shoulders” pattern has already been activated, marked in gray. At the same time, wave C of the ABC pattern is unfolding. But simultaneously, I see strong potential for a larger “head and shoulders” formation. And that’s when we’ll drop by 80%.