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The last major crash went from 20k down to like 4k. Rough numbers, not exact.
That shows it lost roughly 80% of its value.
If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.
I’m watching from the sidelines and will likely buy a full bitcoin at 5k if it gets there as well as 10 ethereum at the price at that point, again…if it gets there.
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