If $BTC finds a cycle low at $50k, that would be roughly a 21% drop from where it is trading today.
In my opinion, $50k would actually be quite bullishly high for a bear market bottom. Historically, crypto bear markets hit much harder—a drop to $50k would only represent a 60% drawdown from its all-time highs. For a major bear cycle, that would be exceptionally strong performance and a sign of long-term structural strength.
What about Ethereum?
$ETH, acting as high-beta to Bitcoin, would likely experience a sharper pull-back—assuming a 30% drop or greater.
That adjustment would bring ETH down toward $1,300 or lower.$ETHW
With ETH currently pushing straight into strong resistance, seeing lower prices in the near term seems like the most probable outcome.$BTC