BTC down to 32,000 $ Bitcoin / US DollarCOINBASE:BTCUSDkhaledabdraboThe prior cycle shows a ~77% drawdown phase before recovery and continuation of the macro trend. The current structure you marked looks similar in rhythm (impulsive top → multi-wave breakdown → consolidation inside a descending channel). But saying BTC is “about to do the same 77% drop” is not something the market reliably repeats on a fixed percentage basis. What can be said is that it’s currently in a corrective/downtrend structure, and if macro support levels break, deeper retracements become possible—but the magnitude isn’t predetermined or guaranteed to mirror the past cycle.