I don’t really focus on how high Bitcoin ($BTC will go right now. I don’t think a new bull run will start. I expect normal price movements before the downtrend continues.
In 2022, when BTC started falling from $24K to $16K, people said Bitcoin was dead. They said it was better to sell, leave the market, and wait for a better entry.
At that time, some people were saying the bottom was already in when BTC was at $24K, and later the same people said Bitcoin is dead.
In my opinion, Bitcoin is close to a bottom. The risk/reward looks good. It is already down about 50% from the highs.
I am focusing on timing cycles and historical patterns (fractals), not short-term price charts.
When I say “close,” I mean from a time-cycle perspective, not from a price perspective.
We made the top in October, and I am measuring the time from that point, and you can see how much time has been spent because market moves like this and take time to develop.
People should not mix this with low time-frame charts or short-term price action with long term perspective
So, I also mentioned in that one thing is different in this cycle: the top in this cycle happened before the halving. If you look at previous cycles, the tops usually formed after the halving. But in this one, the top came earlier. So, it means the top formed sooner. Maybe the bottom will also come sooner. That’s why I’m saying that from a timing perspective, this cycle is a bit different compared to the halving. I’ve already explained all this data to you before. Just do your own research this is my thesis.
June is about to end, and Q2 is almost coming to an end.
Now we have July, August, and September.
We have approximately 2 to 4 months.
These figures are all based on historical data. I never speak on my own assumptions; I always talk with facts and logic.
All my focus in the coming months is on BTC, as I plan to build it as my best long-term holding for the coming years.
That’s why I am fully focused on Bitcoin and on finding the best possible entry points for the coming years. Do your own research.
You always look for the good points and never think about the risks involved in trading and investing. This is why 99 percent of people lose money.
Token I will Bought :
$Eth
$sol
