In the history of the market we often had Bitcoin lose its range in the middle of a bull market.
- It happened in 2017
- It happened in 2020
- It happened in 2023
- It happened in 2024
Every time this was followed
with lots of panic and fear in the market.
Yet losing that range usually end up meaning very little.
Losing a particular range is only a bearish move on a lower time frame.
Zooming out revealed a different picture and it often didn't take very long after to resume the uptrend.
Even despite what everyone was thinking (what if this time is really different?)
Another clarification is that it was also a move induced by market makers and manipulation from whales and institutions.
Strike maximum fear and resume the uptrend again.
All I know is that Bitcoin can't nearly be done from here.
Imagine even thinking it's all over when we didn't have a proper altseason yet (bitcoin dominance breakdown).
Times are tough, but conviction is even more
👌
Don't lose your sight on the bigger picture.
Nova out
🤝
