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The BTC monthly average K-line is about to produce the first bullish candle since the bear market...
Don’t get too happy yet; during the bull market, there were three instances where the monthly average K-line closed lower before peaking. Right now, it looks more like the first valid rebound in a bear market, leading to a continuation of the decline...
On the other hand, the current market structure indeed resembles the end of 2019. If you insist on a rigid analogy, the current time point is late January 2020.