History always repeats itself, and the next cycle is on its way! No matter what happens externally, the ultimate explanation lies in the monthly chart. Looking at it this way, Bitcoin’s monthly chart might take another 6 months to gradually raise the bottom. During these 6 months, Bitcoin will experience repeated fluctuations and might even test the lower band of the monthly Bollinger Bands. The $57K-$60K range is definitely worth focusing on for dollar-cost averaging. Personally, my short-term rebound expectation is satisfied at $75K. From a macro perspective, Bitcoin’s next all-time high isn’t too far away.