The quest for the sword in the boat: This round of the bull market in the cryptocurrency world has seen Bitcoin rise sharply, experiencing a correction approximately every 20 days.

Upon careful observation of each significant breakout increase in Bitcoin, a cyclical pattern emerges, which can provide insights into future market trends.

The first significant breakout increase in Bitcoin occurred from a low of $50,526 on February 24, 2024, to a high of $73,764 on March 14, 2024. This represents an increase of 46%, lasting 20 days. It then dropped to $60,756 on March 20, falling for 6 days, with a decrease of 18%.

The second significant breakout increase in Bitcoin occurred from a low of $58,800 on October 11, 2024, to a high of $73,615 on October 30, 2024. This represents an increase of 25%, lasting 20 days. It then dropped to $66,853 on November 5, falling for 6 days, with a decrease of 9.2%.

The third significant breakout increase in Bitcoin occurred from a low of $66,853 on November 5, 2024, to a high of $99,549 on November 23, 2024. This represents an increase of 48.9%, lasting 19 days. It then dropped to $90,808 today, November 27, falling for 4 days, with a decrease of 8.7%.

This time, Bitcoin's correction has arrived as expected: the first significant rise in Bitcoin was followed by a 20-day correction, the second by a 20-day correction, and the third by a 19-day correction. After another week of decline, it will likely start to surge again. These are merely reflections on the quest for the sword; during a bullish market, one cannot simply be overly optimistic; it is important to have realistic expectations.

However, during this fluctuation and correction, Ethereum and altcoins have clearly begun to gain momentum. Currently, while Bitcoin and altcoins are falling, Bitcoin is rebounding, and altcoins are rising even more sharply. Therefore, the process of Bitcoin's decline could also be the starting point for the surge in Ethereum and altcoins.

In November, the greed index just started to rise; a two-day correction merely represents a cooling off from extreme greed to greed, and during these two days, altcoins did not drop significantly, so market sentiment has been developing positively. The true tipping point for the bullish sentiment in the cryptocurrency market will inevitably occur after Bitcoin breaks the $100,000 mark. Just wait, it won't be long!