I’m becoming less convinced that $BTC needs to make new lows.
Here’s what I’m watching:
Market structure
BTC has reclaimed a previous swing high, which changes the bearish structure I was watching on the higher timeframe.
Cycle comparison
The current consolidation and breakout structure has similarities with previous cycles. That doesn’t guarantee the same outcome, but the comparison is worth watching.
Timing
We’re now roughly 360 days from the previous ATH. The timing is another piece of context, although it shouldn’t be used on its own to predict a market bottom.
For me, the important question now isn’t “how low can BTC go?”
It’s whether the market can continue building higher highs and higher lows after this structural shift.
The chart will give us more information than any prediction.
What are you watching next: structure, liquidity, or macro?
Here’s what I’m watching:
Market structure
BTC has reclaimed a previous swing high, which changes the bearish structure I was watching on the higher timeframe.
Cycle comparison
The current consolidation and breakout structure has similarities with previous cycles. That doesn’t guarantee the same outcome, but the comparison is worth watching.
Timing
We’re now roughly 360 days from the previous ATH. The timing is another piece of context, although it shouldn’t be used on its own to predict a market bottom.
For me, the important question now isn’t “how low can BTC go?”
It’s whether the market can continue building higher highs and higher lows after this structural shift.
The chart will give us more information than any prediction.
What are you watching next: structure, liquidity, or macro?
