If Bitcoin's peak reaches $108,000 and subsequently experiences a historical 85% retracement, its price could fall to $17,000-$18,000.
"if that were to be the case and let's say that the highs of 108 ends up being the peak... if it pulls back 85% that means that this thing could potentially end up going back to lows of around 17 to around $18,000 per Bitcoin"