Bitcoin ($87,200) update on our December 7, 2024 post : $ 12,000 + drop from the inflection point !

Bitcoin ($87,200) as outlined then, completed the lower end of the anticipated high level of around $1,10,000 on January 20, 2025 when it hit an all-time high of $1,09,228. As stated on December 7, 2024 : "$99,400 and below could accelerate a plausible slide " also got accomplished post February 2, 2025 when BTC-USD closed at $96,250, which, incidentally was the first end of the day close below the inflection point i.e. $99,400 post the new high. Bitcoin ($87,200) currently has lost approx. $12,000 after sliding down from the inflection point which is also in line with our $10,000 - $27,000 estimated fall.