If the pattern continues, this cycle’s bottom would fall on October 5. However, that date has already passed, leaving two interesting possibilities: 1. The bottom is already in (around $60K). The 4-year cycle has changed, with ETFs and institutional capital causing bottoms to arrive earlier and be shallower. 2. Or there’s another, deeper shakeout ahead if the 4-year cycle still holds.
What do you all think? Is anyone still waiting for an October bottom before buying in?
#btc
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