Bull Market Loading...

in #bitcoinlast year

The next bull market is likely sooner than you think...

Bitcoin is likely to have bottomed or it will likely bottom here very soon.

Compared with past bear markets this is right around the time that the lows are put in.

Once those lows are put in, we go sideways to slightly higher before the impulse move really takes over later in the cycle.

As of right now though, here's what I am seeing compared with 2015:

image.png

(Source: https://twitter.com/StockmoneyL/status/1600790716506046468/photo/1)

The recovering was sharp and fast in 2015, which won't likely happen here...

But, the recovery is likely to begin either way, it just will likely be slower and more measured as the macro environment gradually improves for risk assets over the coming months.

My guess...

The lows are in and we will see months of sideways to slightly higher from here before starting to really move higher in 2024.

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I too think that bull market will start in the first few months of next year.

Upvoted! Thank you for supporting witness @jswit.

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