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swarrownfts

05/20 15:28

#Bitcoin bears are not ready for this!

#Bitcoin bears are not ready for this!

It's surprising how many have turned bearish and are calling for Bitcoin cycle top, despite the price holding above all key levels and is trading only 8% below its ATH.

In bull markets, periods of sideways price action are very normal, where the price consolidates for a few months before moving higher.

Many confuse this consolidation with distribution, attempting to time the top, and end up selling too early or staying on the sidelines.

After each Bitcoin halving, we've seen similar consolidations before the price pumps higher and reaches its peak.Picsart_24-05-20_20-54-20-657.jpg

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