BRYSON_WEB3

BRYSON_WEB3

Crypto Trader/KOL || Exploring new opportunities in crypto space 📈📉

‏‎1.2 ألف‏متابعة
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الموجز

BRYSON_WEB3
BRYSON_WEB3
Short $BTC | +3R Entry : 64930 SL : 65250 TP : 64050
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The Time Is Ticking Whether or not the bear market is over, I think there isn't much time left for people to position themselves for the next crypto cycle. Historically, Bitcoin has bottomed around the same month it topped. Bitcoin topped in October, and October is only 50 days away. If you're part of the group that thinks the bottom is already in, you should start positioning yourself for the next cycle already. If you're part of the group that thinks the bottom is not in yet, there isn't much time left for it. And this is where I think people are looking at this the wrong way. You don't necessarily have to predict the exact bottom. The important thing is to be prepared for both scenarios. If the bottom is already in, waiting for a much lower price could mean missing the next move entirely. If the bottom isn't in yet, there could still be better opportunities to buy at lower prices. The market doesn't care about our predictions. What matters is having a plan for both outcomes. The time is ticking. Whether Bitcoin has already bottomed or still has one more leg down, I think the window to start preparing for the next cycle is getting smaller. You don't need to catch the exact bottom. You just need to be ready when the market turns. You know which group you are part of.
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Lower highs are still in place
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Lower highs are still in place
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BRYSON_WEB3
Even when Bitcoin appeared to have bottomed, previous cycles sometimes produced another significant low months later (Same month it topped or Q4). So the current low could simply be the first major low, not the final bottom
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Previous cycles had a final low after the initial bottom
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BRYSON_WEB3
Previous cycles had a final low after the initial bottom
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BRYSON_WEB3
Bitcoin 4 Year Cycle Historically, since Bitcoin started going through its bull and bear market cycles, there has been one thing in common: Bitcoin has marked its next top roughly four years after the previous top, and every bear market has ended around one year after Bitcoin marked its top. 2022: Bitcoin topped in November and bottomed in November. 2018: Bitcoin topped in December and bottomed in December. 2015: It was slightly different. Bitcoin topped in November and bottomed in January. So, we can say that Bitcoin tends to bottom around one year after the top, or in Q4. The argument is: If Bitcoin topped after four years, just like it has in previous cycles, then why wouldn't it bottom in October or Q4, like it did in the previous cycles?
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BRYSON_WEB3
Bitcoin 4 Year Cycle Historically, since Bitcoin started going through its bull and bear market cycles, there has been one thing in common: Bitcoin has marked its next top roughly four years after the previous top, and every bear market has ended around one year after Bitcoin marked its top. 2022: Bitcoin topped in November and bottomed in November. 2018: Bitcoin topped in December and bottomed in December. 2015: It was slightly different. Bitcoin topped in November and bottomed in January. So, we can say that Bitcoin tends to bottom around one year after the top, or in Q4. The argument is: If Bitcoin topped after four years, just like it has in previous cycles, then why wouldn't it bottom in October or Q4, like it did in the previous cycles?
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BRYSON_WEB3
2018 Bear Market 2018 Bear market ended the same way, Bitcoin spent 129 days in a range before it starting another Bull market cycle. Bitcoin Refusing to go down Despite so much FUD Another argument we could make is: Bear markets usually end with bad news, and Bitcoin has faced quite a few negative events recently, but the price is refusing to go down. Saylor Sold BTC Exchanges shutting down (Asendex, Bitmex) Bitcoin ColdWallet hacked Bitcoin BIP-110 fork Despite all this bad news, Bitcoin is still standing above $60k. This is what makes people think that Bitcoin has already bottomed, and that it is simply consolidating and getting ready for the next cycle
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*Bitcoin Has Already Bottomed* Bitcoin is consolidating/trading within a tight range, and historically, this is how bear markets usually end. Bitcoin spends a few months trading within a range before starting another bull market cycle. Many traders believe this is the bear market consolidation, meaning the bottom has already been formed and Bitcoin isn't going lower. For reference, let's go back to the previous bear markets and see how the bear market usually ends.
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BRYSON_WEB3
It has been a few months since Bitcoin has been trading within a tight range, and we currently have two parties. The first one believes Bitcoin has already bottomed, while the other believes Bitcoin is still following the 4-year cycle, meaning it will/should bottom around October or Q4. This article is more about market sentiment than my own thoughts about the market. Let's discuss these two parties and why they think the bottom is already in and what are the signs that you could use to position yourself for the next few months/years.
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