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Grow ⬆️ cannot 🚫 fall
For six months, the cryptocurrency market has shown a downward trend. A rebound after six months of decline, suggesting one to three months of growth (an internal structure rebound), could become a favorable phase for both the trend and traders.
Returning to hypothetical scenarios, let's assume that altcoins are at the bottom. Specifically, let's assume that Bitcoin (BTC) has already bottomed out at the 60,000 level.
The question arises: why is there no obvious mass accumulation of BTC by major market participants?
The answer is quite simple. Either there is an unknown method of closed accumulation that is not observable, and the market will turn in favor of the next altseason.
Or, the market truly has not reached the bottom, and we can expect a delayed, trigger-based decline of BTC to the range of 56,000 – 52,000.