Just as bull markets don't last forever, bear markets aren't a continuous decline.

They're a series of phases. Each phase reveals a different aspect of the market's structure.

A crash shows where sellers are in control.

Consolidation shows where the pressure is starting to ease.

A recovery shows the potential for structural rebuilding.

A downward turn shows when that recovery has failed.

The April/May rally fixed Bitcoin's structure, but not enough to support a new trend.

Sellers regained control, and Bitcoin returned to a crash phase.

But the next phase isn't necessarily another decline.

We're starting to see the first signs of a shift.

$BTC

#BinancePickAndWin