Is $BTC 108000 the peak of this cycle? Has the bull market ended?

Of course not! Take 519 as an example, the daily K-line dropped from 43700 to 28600, with a peak of 58000 on May 14, 2021, a halving drop of 50%! Does that mean the previous bull market ended?

Then, over the next two months, it corrected and rose from around 30000 to around 69000, continuing until the end of 2021.

Now we can treat it the same way; if BTC shows a weekly K-line price retracement of 10% down, it doesn't mean the end of this market cycle. All downward movements are for better upward gains, remember, what’s meant to come will eventually come.

Don't be influenced by market opinions!!