Certainly, what I mentioned earlier is completely in line with our analysis of the negative time wave in financial markets, which is also reflected in Bitcoin. The temporary rallies we are witnessing may be a "bull trap", where buyers are attracted based on false expectations that the upward trend is sustainable.
In light of this negative wave, it is important to remember:
1. The time analysis confirms that corrections are mostly bearish.
2. Any rise is temporary and unable to break previous highs.
3. Caution is required, and focusing on calculated selling is better than risking buying.
Therefore, the rallies in Bitcoin during this phase may be opportunities to sell, not to buy, unless you have a clear plan for a quick exit.
#BTC $BTC
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