BTC Could go to about ~42k to bottom out fully.

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BTC Could go to about ~42k to bottom out fully.Bitcoin / U.S. dollarBITSTAMP:BTCUSDxprojoepzzEverytime BTC broke under the 100W EMA (except covid crash) it seems to have done atleast a 50% drawdown before recovering. I think since we just got rejected off of the 100W EMA, we could see something similar play out. Which would land us at about $42k. It seems like the respected Pi Cycle Bottom indicator would at that point also indicate a pi cycle bottom.