Bitcoin Bear Market End
"But if all of a sudden these cycles are much more muted, there's less volatility, then maybe 59,000 was the bottom, and maybe we actually will get the end of the bare market in the next couple of weeks."
ℹ️ In shortIf Bitcoin cycles become less volatile, then $59,000 might have been the bottom, and the bear market could end in weeks.
This prediction is awaiting verification.
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For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… How fast will it go back to the all-time high? Those questions I don't have answers to. I'm no different than you. I don't have a crystal ball. But what I do know is that if you are looking for the end of the Bitcoin bare market, it is closer than you probably think. And if history repeats, it's about 160 days away. But if all of a sudden these cycles are much more muted, there's less volatility, then maybe 59,000 was the bottom, and maybe we actually will get the end of the bare market in the next couple of weeks. Regardless, if you're a long-term investor, you're dollar cost averaging into this asset. Who cares when the bare market ends? You simply get to acquire more Bitcoin at cheaper prices. And if you continue to do that over long periods of time, Bitcoin's going to go up, Bitcoin's going to go down, and you're going to be able to accumulate it more an …
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