2026-03-09 17:45:36

The main driving force behind my thesis: $BTC bear markets historically ALWAYS reach lows well below the 0.618 retracement level, which is currently at $58k.

Previous lows even reached 0.786, but with each subsequent low becoming less deep than the previous, it’s less likely we will revisit those depths.
Therefore, I am delaying re-accumulation until we at least dip below $58k.
Personally, I think somewhere in the gray area makes sense as the bottom — but we’ll see.
A bear market takes time to develop, so I can be patient.
Snipers also spend most of their time waiting; ready to strike at the right moment.
This game is no different.

BTC4.03%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes