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Recently, when I read the analysis of K33, I noticed something interesting — Bitcoin currently seems to be testing the market bottom level again at the end of 2022. From the perspective of signals indicating a transition to regime 3, this situation could be quite significant.
Those who remember the downturn we experienced at the end of 2022 know that the market was in a very bad state back then. Now, the revisiting of similar levels has caught the attention of some analysts. According to K33's approach, such repetitions are critical for understanding how market dynamics work.
Re-testing these levels could mark the beginning of a new market cycle within the context of regime 3. My observation is that such periods often herald larger movements. I wonder, are others also watching this level?