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alaya lilly
$BTC
According to what we've seen during the past two bear markets, there might still be some additional downside left.
During both the 2018 and the 2022 bear market, we saw an extended period where price moved sideways before the final correction happened and the market formed its bottom.
In 2022, this range lasted 154 days, while in 2018 it lasted even longer at 175 days.
This time around, BTC has once again been trading in a range between $60K and $67K for the past two months.
Considering that bear markets have historically lasted around 365 days, this cycle could end up looking very similar.
Another two months of sideways price action before we see one final flush to the downside and the market forms its bottom.$BTC #KoreaChipSelloff

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