Bitcoin’s current price action is starting to look very similar to what we saw during previous major market cycles. The structure reminds me of the patterns that formed in both 2017 and 2021 before the next big move.
From my perspective, the bull trap phase may already be behind us, and the market could still be heading toward a final correction before a new bull run begins.
Possible scenarios:
• Scenario 1: A short-term recovery toward $48K in the coming days.
• Scenario 2: Continued downside pressure, with Bitcoin potentially reaching the $28K region by August.
Of course, no outcome is guaranteed, but if history continues to rhyme, these are the levels I'm watching closely.
The real question is: are you prepared if this scenario plays out?
From my perspective, the bull trap phase may already be behind us, and the market could still be heading toward a final correction before a new bull run begins.
Possible scenarios:
• Scenario 1: A short-term recovery toward $48K in the coming days.
• Scenario 2: Continued downside pressure, with Bitcoin potentially reaching the $28K region by August.
Of course, no outcome is guaranteed, but if history continues to rhyme, these are the levels I'm watching closely.
The real question is: are you prepared if this scenario plays out?