The analysis focuses on Bitcoin technicals. It notes that pullbacks or dips are very normal in Bitcoin bull markets. Bitcoin has a pattern of experiencing double-digit drawdowns within a given year as highlighted by this analyst of the coin, who then uses Amazon as an equivalent example, which has seen a historical rate of double-digit drawdowns for about 20 years. At the time the Bitcoin chart provided shows an current price of 114402 and with a highlighted 30 day long pullback, there is a prediction that the price isn't going any lower than 110k. There is an inferred target price of 124k, and with a failure price of 108700. I am a buyer in this range, or any dip to lower than 110k.