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Interesting what K33 has been saying about Bitcoin lately. According to them, the price seems to be hitting the same lows we saw at the end of 2022. I remember that period well—a total mess of losses that persisted for days after the recent crashes. Now it looks like the market is retesting those critical levels.
What strikes me is how these correction cycles tend to repeat themselves. Three days of strong movements in one direction, then the rebound. That’s what happens when the cycle ends and starts over. Many traders are caught off guard by these historical replays.
I don’t know if this time will be different, but K33 usually makes good observations about market patterns. If we’ve really returned to those lows, it could be an interesting signal to watch in the coming days.