‼️ $BTC Analysis ‼️
Well a lot of traders and investors are burning money in a phase where actually not much happens. Most do so because they do not know BTCs market cycle phases. Or think "this time is different". Instead, they are buying the tops and selling the lows... There is, indeed a lot of noise.
Cycles usually follow a distinct pattern that also makes a lot of sense from a neutral investor perspective
🔴 Bear Market - Usually starts at the end of the parabolic run and is a necessary phase after strongly overbought market condition
🔵Following the 1st, mainly technical reversal (200 - 300%)
🟠The "around Halving" correction. This phase is variable and is considered a distribution/re-accumulation phase before the
🟢 last leg up - usually the strongest and much more potent than the first ramp up.
We believe we are in the last weeks of the orange (correction) phase.
‼️ This is also response to few folks who tagged me in their active trades which were not going well. #dyor
