I'm done waiting for new lows on $BTC — the bottom's in, and here's why.
First, price broke the prior swing high. That invalidates the bearish higher-timeframe structure outright. If you're still calling for lower, you're fighting the chart.
Second, compare this structure to the last cycle. Same bottoming range, same explosive break higher, same gradual shift back to buyers. We've seen this movie.
Third, timing. Bear markets run about a year. We're 360 days off the $126k ATH. October's here. If you're still bearish, you're late.
Stop praying for a flush that isn't coming. You'll sit out the entire run waiting for a dip that never shows. There's still time to build a position, but the window's closing. Don't be the guy who nailed the bottom in hindsight but had zero size on.
First, price broke the prior swing high. That invalidates the bearish higher-timeframe structure outright. If you're still calling for lower, you're fighting the chart.
Second, compare this structure to the last cycle. Same bottoming range, same explosive break higher, same gradual shift back to buyers. We've seen this movie.
Third, timing. Bear markets run about a year. We're 360 days off the $126k ATH. October's here. If you're still bearish, you're late.
Stop praying for a flush that isn't coming. You'll sit out the entire run waiting for a dip that never shows. There's still time to build a position, but the window's closing. Don't be the guy who nailed the bottom in hindsight but had zero size on.
