From ATH to Bottom, so from the last top of the bull run to the last bottom of the bear market, I noticed that we go between 365 days to 396 days in bear markt and 1062 days (almost 3 years) in bull run.
Now we still have half of October and then November to December to do between 365 to 396 days of bear market before reaching the ultimate Bottom and then starting to rise again slowly. Well it's a scenario like any other.
The crypto market isn't like before, there are the institutions that arrived the last two years, finally to see if the S&P 500 will not make a big crash like that of 2001 and 2008, then the BTC can remain bearish for a few months before reaching the final Bottom!!!
https://www.tradingview.com/x/AywiBrrD/
The MA 62 in Weekly provided good entry points to surf the bull run and exit points to prepare for the bear market.
The rule is simple, after a long bull run, once we get out of the bottom of the MA 62 it's the start of the bear market, and after a few months of the bear market once we break from the top the MA 62 it's the confirmation of the break of structure bearish to bullish.
The goal is to start going bullish on the alts to hunt opportunities before the pumps & dumps happen, but for the moment I continue to DCA slowly, in remaining aware of the risk that the bear market could still last for months, to see all next year while waiting for the halving around March 2024, the question that I have no answer is when we will have the magic Bottom of the bear market?
https://www.tradingview.com/x/FyVJBEWF/
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