Bear market bottom is NOT in. Block anyone saying otherwise.
Here's the reality:
1. 200-day MA is still bleeding down. That's textbook bear territory.
2. Real bottoms form in silence and despair, not in comment sections arguing "we're back." Bottoms take time, not weeks.
3. True capitulation happens when consensus says BTC is dead forever. We're not there yet. Too many hopium addicts still calling the bottom.
Until we reclaim the 200-day SMA, there's no reversal signal. Period.
This setup mirrors June 2022. If you can't see it, you're ngmi.
Stay patient or get rekt.
Here's the reality:
1. 200-day MA is still bleeding down. That's textbook bear territory.
2. Real bottoms form in silence and despair, not in comment sections arguing "we're back." Bottoms take time, not weeks.
3. True capitulation happens when consensus says BTC is dead forever. We're not there yet. Too many hopium addicts still calling the bottom.
Until we reclaim the 200-day SMA, there's no reversal signal. Period.
This setup mirrors June 2022. If you can't see it, you're ngmi.
Stay patient or get rekt.