The drop has no bottom Bitcoin's key support at 80600 has been effectively broken, hitting a new low Multi-cycle bearish resonance, only the previous low can be a point to try going long Two conditions are still needed for a reversal: 1. Effective breakout of key resistance at 80600 2. Bullish trend appearing on smaller timeframes Every bear market drops more than 60%, right? 126000 dropping 60% would be 50400 As long as most people are still thinking about a rise, there’s a high probability it’ll keep dropping