I've taken into account the last two bear markets, as being a victim myself of one of them, the highest probability of price action is this crude representation. 2014 Sucked, lasted about a year and a half, 2018 sucked too, lasted from feb 2018 to jan/feb of 2019 before any signs of relief. The bear market signal usually starts the following year after the halvening in Q4, this is where people try to time the top and get rekt because they never took any profit off the table for whatever reason and go into extreme pain mode followed by emotional hibernation. Volume at these lower levels will be the key for the swing traders here along the bulls release under the 200 day MA will be fighting against a river, sell pressure will always be against them, while the bears are playing a btc settlement layer accumulating btc on the back end to sell on a bull market. Unfortunately there is only temporarily relief for the bulls in a bear market, event driven catylists will continue to push the market down as fear creeps into the minds of the weak. With vol so low people are on edge and selling for a -% is a good idea *you not down until you sell* just don't look at the charts for a while and go have some fun. If your gunna trade play with the momentum not against the grain this shit will rekt you. Based on last bear market we can expect two fake out events followed by two crater events, my cash will be deployed between 12.5k and 18k between Nov. to Feb. I am patient and that is the key realizing btc price action off an ATH always dips -80-87% if I am wrong I am out with that bc it means this stupid supercycle is dead and we can just infinitely continue the shenanigans
"Protect meh homies"
-KewlKat
"Protect meh homies"
-KewlKat