Just caught this interesting take from K33 - they're saying Bitcoin's price action right now is echoing what we saw at the bear market bottom back in late 2022. Pretty wild comparison when you think about it. The whole vibe seems similar, at least according to their analysis. So basically they're pointing out that the patterns and market structure from that period are showing up again now, which obviously gets people thinking about what could happen next. I mean, if the comparison holds, it suggests we might be in a similar consolidation phase. Worth paying attention to how Bitcoin behaves over the next few weeks to see if this bear market bottom analogy actually plays out or if we're looking at something different this time around. Definitely one of those observations that makes you go back and look at the 2022 charts again.

BTC-1.84%
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