Bitcoin pretty much doing what it's supposed to do
If you go back and chart the trading action of bitcoin since it launched, it has followed some well defined patterns.
Not just the boom and bust cycles relating to the 4 year halvings, but even more than that how the price reacts during the bull and bear stages of those cycles.
Check it out:
(source:
1589154205369249794/photo/1) twitter metadata:U3RvY2ttb25leUx8fGh0dHBzOi8vdHdpdHRlci5jb20vU3RvY2ttb25leUwvc3RhdHVzLzE1ODkxNTQyMDUzNjkyNDk3OTQvcGhvdG8vMSl8 ~~~
Based on the above, the lows are likely in and the price is going to start a slow climb higher in the near term.
What do you think, is it really this easy?