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If 2020 Cycle Repeats Bitcoin Will Drop to $60K Before Rising 10x to $600K
"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money. If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe that would be a $600,000 Bitcoin in late 2026." - Luke Broyles
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Show Notes / News Resources:
✔ https://x.com/CryptoNewsYes
✔ Bitcoin Technical Analysis: https://cointelegraph.com/news/bitcoin-price-retakes-80-k-as-us-stocks-avoid-black-monday-meltdown
✔ Bitcoin hashrate tops 1 Zetahash in historic first, trackers show: https://cointelegraph.com/news/bitcoin-hashrate-one-zetahash-first-time-ever
✔ Crypto ETPs shed $240M last week amid US trade tariffs: https://cointelegraph.com/news/crypto-etp-shed-240-million-us-trade-tariffs-coinshares
✔ Conor McGregor’s token creators to refund bidders after failed launch: https://cointelegraph.com/news/former-ufc-champ-conor-mcgregors-token-refund-launch-fails
✔ Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K: https://cointelegraph.com/news/saylor-strategy-skip-bitcoin-buy-87000-drop
✔ If 2020 Cycle Repeats Bitcoin Will Drop to $60K Before Rising 10x to $600K: https://x.com/luke_broyles/status/1909048293524398358
🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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