This is the performance of BTC over the past 10 years within the ASR weekly channel. The reason why we believe that as long as a bear market occurs, the correction target will be near the blue average support band, is mainly because this has been a recurring phenomenon in the past. Having been involved with BTC for so long, if you still haven't developed a "Bitcoin will always rise in the long term" mindset, it means you haven't fully shifted your thinking. The blue support band is an opportunity provided by this mechanism, allowing you to preserve your wealth at a lower cost. Although each bear market cycle sees the price plunging deeper into the blue zone, this does not affect the long-term trend. Even if this bear market's correction exceeds expectations, the bottom will still be above 30,000.

BTC-2,21%
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