The psychology of a market cycle continues
This is crazy to see
Markets tend to perform in a predictable fashion.
Well not exactly predictable, but they often do similar things.
These patterns are known as a market cycle and they play out very similar no matter the asset.
Bitcoin is entering the belief phase right now:
(source: https://x.com/thescalpingpro/status/1791891508288954568/photo/1)
The belief phase looks like it starts about halfway to the peak, though numbers can vary.
That being said it seems like we should see $120k this cycle no problem.
Man it will be fun when bitcoin is going up $10k a day type of thing.
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