We're not far from the Bitcoin bottom.


Most of the drawdown is done and dusted.
But that doesn't mean the bear market is over.
What harms traders next isn't lower prices, it's the consolidation phase.
The phase where everyone gets bored.
The phase when the price action turns painfully slow.
Once everyone gives up, the bulls take charge.
Volatility returns. Bitcoin rallies when no one expects it to.
Bull markets always start with a hated rally.
Look at 2023 — chopped between $25K and $30K for months while everyone called it dead.
Then it skyrocketed. 🚀
BTC1.27%
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