I have to say that @xxxx123abcxxxx has a lot of patience to answer so many questions. I even asked him long ago what the subsequent bear market would be like, how long and at what price level it could go. It will be good to take it into account in a few months, when it is clear that we have already made the top.
The bear market declines in Bitcoin since inception have been: -94%, -87%, -85% —hence the average being -89%
If say the current bull market ends around $220K to complete CYCLE-I by 2022, then a -89% decline for CYCLE-II ought to end above the 2017 high.
Anybody's guess what happens, perhaps Bitcoin ceases to exist? The following may illustrate the popular opinion of a perpetual market...
