#BTC nh looks like the market is following the same rhythm as the previous cycle’s Trap breaking the MA50 W. But if we look closely, back then there were 8 months to form a bottom in November. Now we’re already 6 months behind. That means the price must move really fast—about 4 times as fast—or it won’t drop this deeply. Of course, the market isn’t a clock or a copy machine. If we examine the timing carefully, the adjustments have been gradually shallower: the selloffs and pullbacks become less severe, with the percentages gradually decreasing by season. Perhaps a 15–20% drop from 87k would be reasonable. I’m looking at the 67–69k area for potential.
Previously, when the price was rising toward the 69k zone, I thought the bottom was somewhere around 53k. But the strong momentum pushed the price above 87k—perhaps that made 57k the bottom. And after that, we may have a new bottom that’s higher than the previous one to confirm a new trend.
Previously, when the price was rising toward the 69k zone, I thought the bottom was somewhere around 53k. But the strong momentum pushed the price above 87k—perhaps that made 57k the bottom. And after that, we may have a new bottom that’s higher than the previous one to confirm a new trend.
