Everyone keeps saying "this time is different," but the response from
$BTC usually ends up being déjà vu.
The chart for the next 12 months might still look straightforward:
Q1 2026: Initial dip
Q2 2026: Bull trap bounce, target price $82,000
Q3 2026: Final sell-off risk, target price $54,000
Q4 2026: Rebound
Q1 2027: Hit new highs
Two quarters of decline, and we're still two quarters away from the real bull run starting.
The data still supports a cautious stance; Bitcoin recently broke below $60,000, hitting a new low since October 2024, then bounced back above $64,000. The spot Bitcoin ETF also faced significant outflows, with reports showing over $4 billion leaving the ETP during 13 consecutive days of outflows.
But this isn't a typical clean bottom; a real bottom often requires forced selling, ETF fund outflows, leverage getting cleared, bad news, and price refusing to make new lows.
We have some of the elements, but not all. Before the next upswing, the market might need one painful washout.
Maybe the bottom is $54,000, or maybe it will rise ahead of time.
But the lesson remains the same: every cycle, people are willing to pay a premium, believing history won’t repeat itself.
Then Bitcoin reminds them that the humor in the charts is quite dull.
However, for long-term holders, buying around $60,000 is a really solid price for accumulating in batches.
#BTC #币圈巴菲特