Based on the return of long-term investor liquidity, we are now at the beginning of an upward phase.

Bitcoin's liquidity structure shapes my view, so I deliberately avoid historical cycle patterns that have proven highly successful in predicting bottoms so far.

The liquidity structure indicates the start of an upward phase, with a high probability of reaching a bottom.

If I'm correct, the question remains: how long will the rise continue?

Therefore, I estimate the probability of reaching a bottom at 70%.

This is not financial advice, just thinking out loud.

#BTC