Bitcoin Average 70% to 85% drops in 'bear markets' before big pushes to ATH...

[Silberman]

You have to consider it as a factor that in the past the price of Bitcoin was very low so a huge swing of 70% to 80% is more possible. Even during the time when Bitcoin was already reaching 5 digits it is easy for the price to swing back to 4 digits. But is it still applicable when Bitcoin's ATH is already at $69,000? Is it still possible for Bitcoin to swing back to $12,500? I don't think so. And considering that the fundamentals are pointing at a higher price, it is almost unimaginable for Bitcoin to fall down to as low as $12,500.

Not only the fundamentals of bitcoin are pointing towards that direction, it is also a matter of common sense, now we have stronger holders that are not going to get scared that easily, which means the price is developing a greater resistance to go down as much as it did in the past, and since this is a process that keeps repeating itself then it is to be expected that people become more and more reluctant to sell their coins, as they are seeing the fiat system will also face huge problems during the next decade.

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[Fundamentals Of]

You have to consider it as a factor that in the past the price of Bitcoin was very low so a huge swing of 70% to 80% is more possible. Even during the time when Bitcoin was already reaching 5 digits it is easy for the price to swing back to 4 digits. But is it still applicable when Bitcoin's ATH is already at $69,000? Is it still possible for Bitcoin to swing back to $12,500? I don't think so. And considering that the fundamentals are pointing at a higher price, it is almost unimaginable for Bitcoin to fall down to as low as $12,500.

Not only the fundamentals of bitcoin are pointing towards that direction, it is also a matter of common sense, now we have stronger holders that are not going to get scared that easily, which means the price is developing a greater resistance to go down as much as it did in the past, and since this is a process that keeps repeating itself then it is to be expected that people become more and more reluctant to sell their coins, as they are seeing the fiat system will also face huge problems during the next decade.

Yes, and the fact that this is the year 2022 already makes a lot of difference. If we compare Bitcoin's price movements during the time when it was only known by very few nerdy people in the internet and today when countries are even starting to deliberate on it as a possible alternative currency, there is a very great difference. Bitcoin could easily fail when it was only supported by geeks, but not now when it is already supported even by leaders of countries.

[adaseb]

Generally what I found to be another Indicator which is not related to price or technical analysis is when people just sell out of boredom because it’s not moving anywhere.

I remember 2015 was such a boring year for most of Bitcoin. It did nothing pretty much for 9 months, everybody said to pack it in and sell. And eventually it bottomed out and we never saw $200 again.

Same for late 2018 and early 2019. People though Bitcoin is dead longtime ago and was nothing but a fad however it bottom then around $3.5K and most likely will never return to that price.

[Silberman]

Generally what I found to be another Indicator which is not related to price or technical analysis is when people just sell out of boredom because it’s not moving anywhere.

I remember 2015 was such a boring year for most of Bitcoin. It did nothing pretty much for 9 months, everybody said to pack it in and sell. And eventually it bottomed out and we never saw $200 again.

Same for late 2018 and early 2019. People though Bitcoin is dead longtime ago and was nothing but a fad however it bottom then around $3.5K and most likely will never return to that price.

While bear markets are incredibly difficult ranging markets in which the range in which an asset moves is very tight are also incredibly difficult for people, because those which are expecting a big trend are not obtaining profits but the traders are not obtaining profits either, unless they are willing to use massive amounts of leverage, something that is incredibly risky, so many people end up selling their coins out of boredom only to miss the bull run that comes after such a period of time.

[jrrsparkles]

Its just the average of all the price drop after its new ATH which is quite known to the cryptocurrency investors, I am also expecting the next lowest low price will be around 20K that is the perfect time for big and long term investment but don't forget that the price dropped to sub 30K at some point earlier still the price managed to recover and reach mid 45K in no time.

[Lucius]

Its just the average of all the price drop after its new ATH which is quite known to the cryptocurrency investors, I am also expecting the next lowest low price will be around 20K that is the perfect time for big and long term investment but don't forget that the price dropped to sub 30K at some point earlier still the price managed to recover and reach mid 45K in no time.

Never say never when it comes to Bitcoin, but I would not bet that the price of BTC will go so low - which would mean as much as 50% loss in value at the moment. I think we hit bottom to about $28k after we hit $69k, and that's the biggest negative price difference that will happen after halving 2020.

I’m not saying it’s impossible to go that low, but there would have to be some very negative reason that would cause a great deal of panic in the market. This is, of course, the x-factor that is completely unknown and should be counted on, but at the moment I tend to believe that there is a much greater tendency for the price to increase than to go into such drastic declines.