Bitcoin is currently down -15%.
During the 2016-2017 cycle, the average decline was -37.5%, while in the 2020-2021 cycle, the average correction was -23.8%.
A correction of 20%-30% could push Bitcoin price to levels between $75,000 and $86,000.
#Bitcoinpreviously rose from $70,000 to $100,000 without any major pullbacks.
Currently, there is a price gap on the CME at $78,000, and technically, it would be very healthy to retest these levels to gather liquidity and support a new upside move.
So, what do we do now?
✅ If you have liquidity, some coins have reached excellent levels for gradual buy (DCA).
✅ If you do not have liquidity, simply close the chart, enjoy your New Year’s Eve celebrations, and come back later to review the market.
🚫 Don't let fear control your financial decisions.
