Let’s keep this simple.
Bitcoin is not doing anything new.
It’s repeating.
The pattern
When you compare this cycle to the previous one…
The structure is almost identical.
• Continuation phase
• Cycle top
• Breakdown
• Corrective phase
And so far…
Price is following the same path step by step.
Where we are now
At this stage in the previous cycle:
Price didn’t bottom immediately.
It made one final move lower!
The signal to watch 🧠
RSI told the real story.
While price made a lower low…
RSI didn’t.
It formed a bullish divergence.
That was the signal that sellers were losing control.
And shortly after…
The cycle bottom was in.
What this means now
If history continues to rhyme:
We should expect:
• One more push lower on price
• RSI divergence to form and complete
• Momentum to start shifting
That combination…
Is what could mark the bottom.
Do you think BTC is about to form that final low…
or is this time different?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr