Recent volatility in $BTC prices has sparked a new debate in the market. While traders are searching for a "bottom" around $70,000, two prominent analysts, Alex Mason and Brett, point to a reality that is often overlooked: Historical Cycle Timing.
Key Insights:
Time is More Important than Price: Alex Mason states that Bitcoin bottoms are not created merely at a specific price point, but they take time to form. History bears witness that a true bottom comes after hundreds of days of "psychological grind," not immediately after the first panic selling.
-50% is Just the Beginning: According to Brett, a -50% drawdown is not the finish line. Bitcoin often forms a "Base" that moves sideways for months. This is the stage where traders get exhausted and give up hope.
Exhaustion vs. Fear: The market bottoms not when people are afraid, but when people become exhausted. Instead of a V-shape recovery, Bitcoin requires patience to build a strong floor.
Conclusion: If history repeats itself, we may see more "sideways moves" and "fakeouts." The real move likely won't come from a single big candle, but after months of silence.
