#BITCOIN MAY HAVE ALREADY PUT IN ITS MAJOR BOTTOM.
Either #BTC has officially bottomed, or we are extremely close to it.
Look at the bigger picture. Bitcoin is hovering around the high $60Ks after a brutal correction, and I believe we're witnessing a mid-cycle shakeout rather than the beginning of another prolonged bear market.
There is a reason I'm comparing this cycle to 2016 and 2020 instead of 2018 and 2022.
Those previous cycles also had periods where the market looked completely broken before the next major expansion began.
My thesis remains simple:
The major low may have already formed near $60K earlier this year. Everything since then could simply be part of the accumulation and restructuring phase.
Don't let short-term volatility distract you from the bigger picture.
The market doesn't need to look bullish at the bottom. That's exactly why most people miss it.
Zoom out. Stay patient. Don't lose sight of the bigger cycle.
I'M STILL BETTING ON THE BIGGER PICTURE. 🐂$BTC
Either #BTC has officially bottomed, or we are extremely close to it.
Look at the bigger picture. Bitcoin is hovering around the high $60Ks after a brutal correction, and I believe we're witnessing a mid-cycle shakeout rather than the beginning of another prolonged bear market.
There is a reason I'm comparing this cycle to 2016 and 2020 instead of 2018 and 2022.
Those previous cycles also had periods where the market looked completely broken before the next major expansion began.
My thesis remains simple:
The major low may have already formed near $60K earlier this year. Everything since then could simply be part of the accumulation and restructuring phase.
Don't let short-term volatility distract you from the bigger picture.
The market doesn't need to look bullish at the bottom. That's exactly why most people miss it.
Zoom out. Stay patient. Don't lose sight of the bigger cycle.
I'M STILL BETTING ON THE BIGGER PICTURE. 🐂$BTC
