š” Is Bitcoin Repeating a Familiar Historical Pattern?
$BTC rarely drops straight to the final bottom after a major top. History shows a recurring pattern:
1ļøā£ Sharp drop after topping
2ļøā£ Relief bounce ā shifts sentiment from panic ā cautious optimism
3ļøā£ Sideways chopping & multiple lower highs
4ļøā£ Another leg lower completes the corrective phase
Current Setup:
Top above $120K ā sharp correction ā bounce
Price behavior mirrors past cycles: temporary relief within broader corrective trend
Key Lesson for Traders:
ā ļø Donāt FOMO on rebounds
ā ļø Donāt panic on dips
Markets wear participants out first. Relief rallies feel real, pullbacks feel shocking. Multiple attempts to ācall the bottomā are normal.
Psychology > Numbers
Crypto moves on emotions as much as price structure. Recognize cycles to survive and thrive.
