BTC weekly trend analysis shows that the current movement is indeed in a weak phase, but weakness does not mean there are no opportunities!
Referring to previous cycles, after a trend phase, a temporary bottom usually appears, roughly around three months, followed by a decent rebound rally. This rebound typically lasts about 2 months, meaning there will be at least a small upward movement; even in a bear market, prices won't keep falling forever. So, don't panic. The temporary bottom may have already arrived, around the 80,000 level. The current fluctuations are all preparations for a subsequent large rebound. As for how the rebound will develop, it all depends on the overall economic cycle! Pay special attention to the time around Christmas, and once a cost-effective bottom appears, act decisively—at least aim for a significant rebound!
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BTC weekly trend analysis shows that the current movement is indeed in a weak phase, but weakness does not mean there are no opportunities!
Referring to previous cycles, after a trend phase, a temporary bottom usually appears, roughly around three months, followed by a decent rebound rally.
This rebound typically lasts about 2 months, meaning there will be at least a small upward movement; even in a bear market, prices won't keep falling forever.
So, don't panic. The temporary bottom may have already arrived, around the 80,000 level. The current fluctuations are all preparations for a subsequent large rebound.
As for how the rebound will develop, it all depends on the overall economic cycle!
Pay special attention to the time around Christmas, and once a cost-effective bottom appears, act decisively—at least aim for a significant rebound!