Trade with caution ⚠️

In the 2017 bull cycle, $BTC took about 8 weeks of strong upward momentum before it entered Price Discovery and experienced any significant pullback.

The market was moving aggressively, and during that time, there was very little hesitation before a deeper correction happened.

Fast forward to the 2020/2021 cycle, and Bitcoin only took around 4 weeks of rallying into Price Discovery before it faced a substantial pullback.

The crypto market was hot, but the correction came sooner compared to the 2017 cycle.

Now, in the current cycle, we’re only halfway through Week 3 of the rally, and we're still in the early stages of Price Discovery.

If history is any guide, we’re not even close to seeing the kind of deeper pullbacks we’ve seen in past cycles.

There's still plenty of room for this rally to continue building momentum before we might see any larger corrections.