Do not be surprised after years pass that bitcoin reaches a bottom of around $2,000.
Every uptrend can be rejected and brought down. Just cause we go up will not call a bull market. Truth is a bear market starts when the candles are below the 50 & 200 MA and bouncing with rejections, "Bearish action."
A bull market starts when breaking without rejection from moving averages 200 MA specifically. When bouncing of f 200 MA I consider that true bull market confirmations
Currently we have been rejecting the 200 MA often and sent back down with momentum in the works with this down trend.
"Even if we break above and bounce if we break below again it will strengthen the movement."
Lets say 2024 Bitcoin is at $3,000 low sideways and 200 MA been flat for some time and then momentum starts.
Be ready for the lambos then.
DR . FOMO