BTC Macros, Cycle base support
Every cycle has its moments of exess greed, and every cycle has its moments of exess panic. However we always follow the logarithmic uptrend, with its backbone being the trend pre mega pump.
In the last cycle the bottom did not take too long post breaking of this "backbone", and usualy a single sharp break followed by minor testing of the lower ranges was the result. As the covid crash on 2021 can be concidered an abnormal event, we can therefore minimise its effects, while still concidering that it would cause abnormal behaviour (Such as a faster false peek, followed by a retest of said peek later)
Additionaly with the shift in BTC overall behaviour we can expect shorter bear markets, as the overall market increases in size, the drops will become shorter and less extreeme, as well as shorter in duration.
Fundamentaly BTC faces the issue of speculation, which draws away from its purpose as a store of value. This behaviour will soon be more evident, now that once again speculators are washed out of the market, and large players are loading up for future gains.
In the last cycle the bottom did not take too long post breaking of this "backbone", and usualy a single sharp break followed by minor testing of the lower ranges was the result. As the covid crash on 2021 can be concidered an abnormal event, we can therefore minimise its effects, while still concidering that it would cause abnormal behaviour (Such as a faster false peek, followed by a retest of said peek later)
Additionaly with the shift in BTC overall behaviour we can expect shorter bear markets, as the overall market increases in size, the drops will become shorter and less extreeme, as well as shorter in duration.
Fundamentaly BTC faces the issue of speculation, which draws away from its purpose as a store of value. This behaviour will soon be more evident, now that once again speculators are washed out of the market, and large players are loading up for future gains.
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