With all due respect, we haven't even gotten close to the "it's so over" phase of this Bitcoin bear market...

Bitcoin peaked ~8 months ago and nearly 5 of those months were relief rallies.

147 days of downtrend rallies (green) vs. 93 days of downtrend continuation (red).

This entire decline has been extremely orderly.

We haven't seen any headlines about failures, forced institutional selling, or any of the key signs of significant capitulation from any big players.

BTC is currently down -47% from its all-time highs.

This isn't anything unusual, at all.

In fact, the 2021 bull market even had a -56% decline BEFORE it made new all-time highs, though Bitcoin was still in a structural uptrend at that time vs. a downtrend today (just look at the 2-day 200 MA cloud).

Completely different environments, but I'm just trying to highlight how this drawdown isn't technically significant.

The point is... it can get worse before it gets better.

In fact, that's exactly what sustained downtrends do.

Eventually, this downtrend will end and a new bull market will form.

But we have practically zero evidence of that right now, by the very nature of the fact that Bitcoin is on the verge of making new lows.

There's no bullish RSI divergence.

The daily RSI is oversold, which typically produces a bit more downside.

Bitcoin has made new bear market lower lows relative to all of the U.S. stock market indices, software stocks, and semiconductor stocks.

Maybe all of this evidence will be wrong...

But I think investors should have a plan so that they know how to execute an optimized strategy in the event that more downside does come... because I think that cool, calm, and collected nature will produce amazing long-term investing results.

Good luck and embrace nuance.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。