From despair to recovery? 🤔
Analysts draw an interesting parallel: the current dynamics of BTC increasingly resemble the end of 2022, when the price hovered around $16,000.
Back then, December's weakness became the final bottom, after which the market sharply revived in January.
📉 Back then:
— gloom
— disbelief
— "it can't get worse"
📈 Then:
— sharp turnaround
— recovery
— the start of a new impulse
If the scenario repeats, then after January 7, the market may begin to shift bullish again.
It's not a fact that history will repeat itself exactly —
but the rhyme of the cycle sounds very familiar 👀
