We need to complete our entire bear market layout before the BTC halving next year, that is, we need to complete the bottom-fishing. The bull market will start next year, and the trend of 21 years will be repeated. Do you know why?
Let's see what will happen next year: the spot ETF of BTC will be approved in March next year with a high probability; the BTC halving will happen in April next year. On the one hand, the spot ETF will bring a large amount of capital inflow, and on the other hand, the BTC halving will increase the cost of BTC. The combination of the two will start a bull market, and this situation is exactly the same as in 2020. What happened in 2020 was that BTC halved in May of 2020; after March of 2020, Grayscale began to lock up a large amount of BTC. Looking at Grayscale's BTC lock-up in 2020, BTC halved; next year, the spot ETF of BTC will be approved, and BTC will halve, so isn't history surprisingly similar?
Let's look at the market again and the data. The market value of the entire stablecoin has been falling for 16 consecutive months, which means that the entire stablecoin has been shrinking in the past 16 months. What does this mean? It means that there is no sufficient capital in the market and that everyone is waiting and watching. Now, back to the market, BTC is neither going up nor down at 30,000, which means it is bottoming out. The market value of stablecoins is also bottoming out, and the price of Bitcoin is also bottoming out. Adding the two together, the entire market is bottoming out.
Now the trend of Bitcoin is very similar to that of 2018. What happened in 2018? From September to December of 2018, BTC was trading sideways at 60,000, and then plummeted. From the end of 2018 to the beginning of 2019, BTC was trading sideways at around 3,000 and then skyrocketed. Therefore, whenever BTC shows such a long-term sideways trend, there will be a large-scale change in the market, whether it is up or down. But no matter whether it is up or down, all we have to do is wait. As long as it goes up, you can chase it, and as long as it goes down, you wait for the opportunity to buy at the bottom.
What we need to do is to superimpose the spot ETF with BTC through the BTC halving. We need to complete our entire bear market layout before the BTC halving next year, that is, we need to complete the bottom fishing, so the timing is critical, and everyone please wait patiently.