Cycle position: 77%



BTC has fallen 42% from its $126K peak, but the average bear market decline is 83%.

It's only been 24 months since the halving, and the average bear market lasts 29-30 months.

Another 5-6 months to go.

F&G = 16, extreme panic,

BTC.D = 57.2%, institutions are still holding onto BTC,

Altcoins are still bleeding.

Conclusion: the bottom has not yet arrived.

Don't try to guess the bottom; keep enough bullets and wait for $50-60K.

Cycle position is more important than price.

$BTC #加密周期 # Bitcoin
BTC0,71%
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