Prediction evidence

Da

Daan Crypto Trades

@DaanCrypto

bitcoin:native With the 2023 breakout from the bear market as overlay. The price action at the bottom with the second sweep into very compressed sideways and the breakout has been very similar. In 2023 at this point, a lot of people were calling for another lower low to occur. Sentiment was pretty neutral on average. What actually happened was about 6 weeks of sideways chop. We saw some up and down and a larger correction during the banking crisis fud at the start of 2023. But that quickly reversed into a positive catalyst for Bitcoin instead and saw another leg up follow after that. I think any larger drawdowns due to some kind of headline should be welcomed with open arms. Mark out your high timeframe levels and stay level headed. And remember that usually price tends to shake out a lot of positions on both sides before actually continuing its move higher after such a big impulse.