๐จ This is going to be hard to hear.
BTC is down about 49% from its all-time high, and this bear market isn't over yet, according to a trader.
Two phases are done. The third, the one that builds every bottom, is just starting.
Here's the roadmap:
- $60-61K: the line in the sand. Held every test so far.
- Lose it, and the next stop is the mid-$50s.
- The real magnet: the $50-55K zone, where the 200-week average and realized price both sit.
That's the floor every prior cycle bottom was built ...