If March closes red, it will mark 6 straight red months for $BTC.
That has happened only once in Bitcoin history.
The last time it did, the next 5 months were all green
and BTC moved 300%+ from $3.4k to $11k.
There we go.
Constantly higher lows are made on the markets, therefore upside on #Bitcoin.
The upside on commodities is done.
The bear phase for #Bitcoin is also done.
Good times are ahead.
BITCOIN JUST BROKE ITS OWN CYCLE MODEL.
ATH before the halving
has never happened before.
That compresses the cycle
to 700โ800 days.
Which places the bottom window
around JulyโAugust.
If history rhymesโฆ
Buying here may feel like
buying $22K last cycle.
Most people will wait for confirmation.
By then, price is gone.
Bitcoin ETF getting huge inflow in the last 1 week is clear proof that people with money are slowly accumulating Bitcoin.
This data should make you prep for the long run.
P. S. They can hold for longer than retail can so that's an advantage most don't have.
Bitcoin Bottoms when Bad news doesn't Dump Bitcoin.
We had a horrible war announcement today and Bitcoin didn't dump much, that's really Bullish.
Now we wait for Monday stock markets open to confirm bullish thesis.
BTC is retesting the 2021 ATH zone around $69K
Last cycle, price swept the 2017 high, dipped lower, then formed the macro bottom
We just saw a similar deviation toward ~$60K
Relief bounce is likely here
@RonSwanonson Exactly. I expect a 2022-like move... chop here, price forms a lower low, rsi higher low... then reversal.
Btc is cheap rn, but we are not in a hurry. this reversal will take some time
Same thoughts. Only lows i see max 56/58 k if we even get there. ( there is a high chance they will frontrun everyone around that 60 k leveos..
And top around 105/110 k max
Likely 60 k +/- instant bounce back towards 72 k
Range between 72 /90 k
#alts will outperform btc
Run it once more towards 105/110 k to get everyone bullish. Then ultimate nuke starts.
WIZZ