19/06/2022
Overall world's market is correcting even crypto market, the top in the bitcoin which was made on November 2021 of 68,761 now stands at 19,500
more than 72% correct. The same kind of fall was seen almost 4 years back when the bitcoin was trading at 19,200 in December 2017 , then
there was a bloodbath in the CryptoMarket with a fall seen of more than 80% which where the low was made of 3,420 ; then few years later
from the period of December 2017 there was a tremendous gain seen in the bitcoin ( more than 5x).
We can see it now as well , with more than 70% fall , some bottom is already formed , bitcoin might not perform for 1-2 years straight
(same goes for Indian Stock Market) but when it performs that it will, it will easily touch 60,000 (3x returns).
P.S. - Bitcoin could fall more maybe 10% more , if one believes in the CryptoCurreny , one can allocate some part of the portfolio to Bitcoin.
Charts are shown for better clarification.