Bottom fishing? Hold on! My cousin's psychological price for bottom fishing BTC this round is around $40,000, but someone always tries to shake my resolve and says I should start buying at $60,000. To calm myself down, I directly open TradingView and review Bitcoin's historical cycles. History may not repeat exactly, but many times it does look remarkably similar. From past data, it's very clear: the maximum drawdown in each bear market is converging.
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Kasmui
· 8h ago
Is now the right time to buy, friend, at the current price... or should I wait for the price to go lower?
Bottom fishing? Hold on! My cousin's psychological price for bottom fishing BTC this round is around $40,000, but someone always tries to shake my resolve and says I should start buying at $60,000. To calm myself down, I directly open TradingView and review Bitcoin's historical cycles. History may not repeat exactly, but many times it does look remarkably similar. From past data, it's very clear: the maximum drawdown in each bear market is converging.