This is the exact same chart structure now as we had for more than 7 months... A huge, long-term consolidation phase.
The only difference is that LINKUSDT was trading near the bottom trendline of this box last year, now it is near the upper range.
While for many of us it is clear that the bear market bottom/low was hit June 2022, the capitulation low, I am sure some people are still open (in denial) and are expecting a lower low.
At this point it is still possible to think so but, what about after a very strong new higher high?
If LINKUSDT hits 26, do you really think it can move below 5.3 on the next drop?
If it didn't break below 5.30 from June 2022 through April 2023, how can do it so after changing the trend and printing higher highs and higher lows?
Let's not get ahead of ourselves, the last confirmation is yet to come.
If LINKUSDT moves above 13, the chances are high for a higher low... If it goes above 20, then it is confirmed, we get 99%+ of getting sustained long-term growth.
This is old news but we are working/helping those that still need to come to terms with the reality that the bear market is over, it has been over for a long while now and we are in the recovery phase before the next bull-market is clear for all.
Cryptocurrency Market Cycle Revealed | Made Easy
✔️ 2023 Is the recovery year. ✔️ 2024 Is the bull-market (many Altcoins will peak this year). ✔️ 2025 Is Bitcoin's next bull-run (new All-Time High)
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