Bitcoin's Bottoms Are Built in Discomfort! 👀
There is not much that is new to the fear and uncertainty that come along with the volatility of Bitcoin's bear market.
$BTC has spent 57 days in the Uncharted Market Trend. This period is characterized by a liquidity crunch and capitulation with a strong selling trend. This is a dangerous market that has existed for almost one-third of the year.
While the Uncharted Market Trend may seem weak, that is only one side of the market.
Existing market structures are breaking down, supply is being re-distributed, and a new market equilibrium is being established. The more time that Bitcoin spends in the Uncharted Market Trend, the more time that other markets are able to absorb the stress and establish a strong market.
While this is not a sign of recovery, major bottoms are built through the discomfort of this type of market.
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