$BTC This cycle is still rhyming with 2022, but the moves are much more violent.

The sweeps are deeper. The deviations are wider. The traps are cleaner.

Last cycle, BTC swept the ATH and rejected fast. This time, it spent 60 days above $108K before rolling over, building a much longer distribution zone.

In 2022, once the $28K low broke, price never came back until the bear was done.

This cycle’s version looks like $74K.

But before breaking down, BTC pushed aggressively above it, trapped late buyers, shook out weak hands, and made the whole range uglier.

Now after the sweep below $60K, the bottom could be close.

Still, with this cycle’s volatility, a deeper and slower deviation is possible.

My view stays the same.

I’m buying these levels because I think BTC is near the final pain zone before the next major cycle begins.

A few months of chop is all it takes to break people mentally.