BTC – Next cycle beginning?
BraveNewCoin Liquid Index for Bitcoin BNC:BLX
Really interesting fractal potentially playing out for the long-term outlook. I know a lot of people are currently bearish and think we could drop to the $30k level or lower. This is a valid point, but Bitcoin normally likes to surprise people. Therefore, since everyone is bearish , I want to give a bullish outlook on the long-term growth of Bitcoin and provide this 11-year chart for you.
One other thing to note: If the bearish scenario does play out, we could still repeat this pattern by finding our bear market bottom around Jan 2023 so keep your eyes out for that.
