Let’s keep this simple.
Bitcoin is not doing anything new.
It’s repeating.
The pattern
When you compare this cycle to the previous one…
The structure is almost identical.
• Continuation phase
• Cycle top
• Breakdown
• Corrective phase
And so far…
Price is following the same path step by step.
Where we are now
At this stage in the previous cycle:
Price didn’t bottom immediately.
It made one final move lower!
The signal to watch 🧠
RSI told the real story.
While price made a lower low…
RSI didn’t.
It formed a bullish divergence.
That was the signal that sellers were losing control.
And shortly after…
The cycle bottom was in.
What this means now
If history continues to rhyme:
We should expect:
• One more push lower on price
• RSI divergence to form and complete
• Momentum to start shifting
That combination…
Is what could mark the bottom.
Do you think BTC is about to form that final low…
or is this time different?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bitcoin is not doing anything new.
It’s repeating.
The pattern
When you compare this cycle to the previous one…
The structure is almost identical.
• Continuation phase
• Cycle top
• Breakdown
• Corrective phase
And so far…
Price is following the same path step by step.
Where we are now
At this stage in the previous cycle:
Price didn’t bottom immediately.
It made one final move lower!
The signal to watch 🧠
RSI told the real story.
While price made a lower low…
RSI didn’t.
It formed a bullish divergence.
That was the signal that sellers were losing control.
And shortly after…
The cycle bottom was in.
What this means now
If history continues to rhyme:
We should expect:
• One more push lower on price
• RSI divergence to form and complete
• Momentum to start shifting
That combination…
Is what could mark the bottom.
Do you think BTC is about to form that final low…
or is this time different?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.