BITCOIN IS STARTING TO LOOK EXACTLY LIKE 2022 AGAIN.



The same breakdown structure.
The same collapsing RSI.
The same slow bleed that happened right before Bitcoin entered its brutal crash phase.

But here is the part most people forget:

After the 2022 collapse, Bitcoin went on one of the biggest rallies in its history.

The crash destroyed leverage.

The next cycle created generational wealth
$BTC ‌59,043.3B​T​C​/​U​S​-1.51%
BTC2.31%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
RedTelephoneBoothRuins
· 07-01 05:34
Every time I think this time is different, every time I get slapped in the face, but the term “generational wealth” really gets me hooked.
View OriginalReply0
WhaleInAGlassBottle
· 07-01 05:02
A slow decline is the most draining, testing your mentality even more than a sharp crash; those who endure it will be the next batch of winners.
View OriginalReply0
FomoLibrarian
· 07-01 04:11
RSI crashed? The U in my wallet crashed too, a mutual destruction indeed.
View OriginalReply0
GateUser-953e1a14
· 07-01 04:05
History does not simply repeat, but it sure rhymes a lot.
View OriginalReply0
SatsumaSignal
· 07-01 03:49
The 2022 wave of leveraged washing was indeed brutal, but everyone knows what happened after that.
View OriginalReply0
  • Pinned