$BTC
The real chaos will begin when Bitcoin has spent 1 year in this bear market — and then still makes a new cycle low.
Why?
Because at that point, many people will realize they have no clear historical reference left for when this prolonged bear market could finally end.
They were expecting a typical 1-year bearish cycle.
But if Bitcoin makes a new cycle low after completing that 1-year timeframe, that assumption is broken.
There are only ~2 weeks left until the typical 1-year bear cycle is completed.
And I’ll repeat this once again for those who still don’t know:
Since the beginning, I’ve been expecting the current cycle to follow the prolonged 2013–2015 bearish cycle — lasting well over one year. ( explained on quoted post )
The real confusion starts when the timeline everyone expected no longer works.
The real chaos will begin when Bitcoin has spent 1 year in this bear market — and then still makes a new cycle low.
Why?
Because at that point, many people will realize they have no clear historical reference left for when this prolonged bear market could finally end.
They were expecting a typical 1-year bearish cycle.
But if Bitcoin makes a new cycle low after completing that 1-year timeframe, that assumption is broken.
There are only ~2 weeks left until the typical 1-year bear cycle is completed.
And I’ll repeat this once again for those who still don’t know:
Since the beginning, I’ve been expecting the current cycle to follow the prolonged 2013–2015 bearish cycle — lasting well over one year. ( explained on quoted post )
The real confusion starts when the timeline everyone expected no longer works.
