I am seeing so many analysts — even really good ones — copy and pasting Bitcoin’s last bear market over this one and claiming it is the same


The wave structure, however, has a significant difference
Bitcoin was in a wave C impulse in 2022 where wave 4 didn’t enter wave 1 price territory
It had classic five wave structure with an impulse with five sub waves of its own
This bear market is far more of a corrective structure with an ABC completed thus far and more still developing. What would be last bear market’s wave 4 came into the equivalent wave 1 territory, invalidating that wave count
It might look the same at a glance — but it looks that way to deceive
BTC-2.30%
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