When the bull market ends, what do you believe the price of Bitcoin will be? It will rise up to a better position and surpass the previous price.
It will depend on the peak of the bull market.
During the last cycle back in 2021-2022, the market went down to as low as 77%.
Whatever the peak of the bull market will be, I expect that the market will go down to around 70%-80% of its peak price. Of course, this isn't accurate, and I just based it on history, but one thing's for sure, the lowest point at that time will not be the same as the one that we saw 2 years ago. I also think that the last time we saw Bitcoin at $20,000 will be the last time that we will be seeing it at that price again. We might not see Bitcoin going as low as $20,000 anymore.
TBH, I'm a bit surprised, and I might believe what others are saying now that we might surpass its past ATH even before the halving even started.
