Bitcoin

Bear Market Fractal to 3.5K, then new Bull Market in Summer.

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I am doing this post just so I can see how this plays out in the future. If we get rejected by the 200 day MA, this scenario might be something that plays out. I don't think anyone is buying at these 8K levels, most traders are already selling who bought around 7K. The halving is coming yes, but market cycles are way more important. If we are in a bear market, under 200MA, then it will continue until the trend reverses. Once the bull market starts again and prices start going above 200 day MA, then we can see a massive bull market from the lack of selling pressure due to halving.

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