Markets move in cycles and phases

The market cycle works for any market and any asset.

It's actually kind of scary how much this pattern tends to play out.

You would think that with computers making all the trades these days that the charts would change, but I guess at the end of the day human emotion wins out and the patterns remain.

Bitcoin appears to be entering the Disbelief Phase of the market cycle...

Check it out:

(Source: https://twitter.com/thescalpingpro/status/1641033811969359873/photo/1)

Crazy how similar these patterns are.

If this continues, bitcoin will climb a little higher, dip, and then start the major bull market.

All this will play out over the next 6-9 months, then real bull market.