I've Seen Two Bull Runs
I asked you to buy $BTC in the $16-20k range.
Now I'm observing the same pattern as before.
I've spent plenty of time analyzing the pattern, and I was shocked by the results.
🧵👇
I'm sharing my knowledge with you so you can stay ahead of the curve.
Follow me @Crypto PM to ensure you don't miss any important updates.
First of all, let's check the market sentiment.
The market is in the fear stage.
There's plenty of information noise scaring people: Mt. Gox, Germany, interest rates.
Broski, today is WEDNESDAY and we are pumping.
While Germany is still dumping their BTC, Mt. Gox will still make their payments, and interest rates remain the same.
Remember, information is always manipulated to justify a dump or pump.
The market is cyclical.
Bitcoin tends to have major bull runs every 3-4 years (e.g., 2013, 2017, and 2021).
We might anticipate the next major peak around 2024-2025.
This cycle is different.
BTC ETF was approved and big investors entered the market. The source of money is different.
Moreover, BlackRock launched their tokenized fund.
Spot ETF and Coinbase OTC now make up half of the BTC trading volume.
While CEX spot has very low liquidity.
I'm not a big fan of TA, but I find Wyckoff's logic good.
The Wyckoff method is based on supply and demand, on cause and effect.
According to Wyckoff, during 2022-2023, we were in an accumulation phase.
This phase was successfully completed, followed by a rally.
As we know, after accumulation, there is always distribution.
It looks like ETF approval and CB OTC were great moments for BTC distribution.
The daily chart looks very convincing.
But if this structure is going to break, then we have a $45-55k zone without trading volume.
Which sounds logical to give some trading volume at this range.
The weekly chart looks like we are waiting for signs of weakness (SOW).
I'm feeling comfortable with my bags at these levels.
Anyway, all current investments can only be done on a short-term basis.
Good entry points for hodling were in the $16-22k range when we realized the accumulation was happening.
This Article is not financial advice. DYOR.
That's it for today..
#BTC_Bounce_Back_to_57k #BullMarket2025 #WhaleAlert #Whale.Alert #cryptopm