How to identify when Bitcoin enters a bull market?
If the weekly upper band is at 84
Only when it breaks above the weekly upper band and holds steady for more than a week
Because at the late stage of a bear market, if there is still one final drop
Then the dog-stock handlers (market manipulators) won’t spend a whole week kindly holding it steady
Then it enters the early stage of a bull market
But the early stage of a bull market will also have pullbacks
All indicators are at high levels
So it’s impossible to directly break through 130,000
Therefore
Just be patient and wait for a major pullback
If the weekly upper band is at 84
Only when it breaks above the weekly upper band and holds steady for more than a week
Because at the late stage of a bear market, if there is still one final drop
Then the dog-stock handlers (market manipulators) won’t spend a whole week kindly holding it steady
Then it enters the early stage of a bull market
But the early stage of a bull market will also have pullbacks
All indicators are at high levels
So it’s impossible to directly break through 130,000
Therefore
Just be patient and wait for a major pullback