Bitcoin has a very eerie aspect. Previously, it was said that the maximum rebound could be to 9.8. You can look at the daily and weekly charts; compare the trend of February and March 2022. It's almost exactly the same, also after the first major decline of the bear market, then two months of sideways movement, forming an upward channel. It's truly identical, even the time cycle is the same. In late 2022, it broke below the upward channel, then fell for more than half a year. The halving was even more significant, and this time it's exactly the same, even the details are identical. It's really uncanny. I guess it will be the same later on—after two months of sideways consolidation, the next phase will officially begin, marking the most lucrative part of this bear market's decline trend, with a drop lasting half a year.

BTC-0,92%
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