So the issue is each time we come back above the previous ATH on $BTC after bear market, we drop by some few percentages and consolidate for some time.

2016|2017 we consolidated for 77days (shown in yellow circle)
2020 we consolidated for 21days (shown in yellow circle)
Now in 2024 we have been consolidating for 42days!

My confluence for this is the weekly stochastic rsi which needs to get undervalued to give us momentum back up. (position now shown in yellow arrow).

The uncertainty around these times is what causes alts to plummet. however, one does not know exactly when the whole thing takes off so it's actually safer as an investor to be in than out at said times because whats the worst that can happen?? we go back to 10k? lol