🔥 Will History Repeat Itself Again for $BTC ?
Looking at Bitcoin's previous cycles, an interesting pattern appears 👀
➡️ 2017 ATH was followed by a bear market that lasted roughly 364 days before the bottom formed in 2018.
➡️ Then came the next major bull market, which lasted around 1064 days and eventually led to the 2021 ATH.
➡️ After that, we again saw a bear market of roughly 364 days, followed by another bull market that lasted close to 1064 days.
Now, if history continues to rhyme, then according to this cycle structure, we could potentially see a major $BTC bottom around October, which would be approximately 364 days from the recent top.
Of course, history doesn't always repeat exactly, but it often rhymes. That's why it's important to use these observations as a framework rather than a prediction.
What are your thoughts on this?
Do you think Bitcoin follows cyclical behavior this closely, or is this time different?
Let me know 👇🏻
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