BULL CYCLE’S FIVE STAGES OF GRIEF😈
Hello guys 🤝🏼 Let’s make a plan for this bullish cycle so we don’t miss the key points where and when to act in the market 😉
I’ll break it down by phases according to FIVE STAGES OF GRIEF:
🔸 DENIAL. We’re currently at the lower boundary of the “denial” zone, where those who were predicting $10K for Bitcoin are no longer around, feeling the pain. They’ll be our control group to set levels.
🔸 BARGAINING. Soon, this pain will intensify, leading to the “bargaining” phase, where we’ll likely see the breakout of the Fibonacci fan channel around $80K.
🔸 ANGER. Next, “anger” will come with breaking the $100K psychological level. Dynamic resistance here will attract those disillusioned by previous cycles. They’ll remember selling BTC at lows around $2,000-$3,000, and FOMO will take over, prompting them to buy in. No one will want to miss out on this financial ride.
🔸 DEPRESSION. During this rush from “anger” to “depression” (from buying at peaks), we’ll likely hit $120K-$150K per BTC. Here, I’ll begin offloading my position since the next phase is pure madness.
🔸 ACCEPTANCE. “Acceptance” may come above $150K, where even taxi drivers and food stall owners will suddenly be crypto experts, and euphoria will flood the world. We all know what happens in such moments an abrupt exit from the market.
