Every time I look at the chart I consider the possibilities of a bear market. You've seen me bullish, you know I am bullish and I share the signals, but I always stay open to being wrong so I keep on looking to see if I can find something that I might be missing.
To be honest, if the signals were there I wouldn't be able to see them, I am too hypnotized by hundreds of charts hitting bottom and recovering from this bottom to think that a bear market is just starting now. Bear markets tend to start from a major wave high or new All-Time High.
Here we have Bitcoin Cash, see May 2021.
The ATH, the top, leads to a strong bear market. Notice that a bear market does not happen from bottom prices but from peak prices; obviously duh!
Ok, ok... My job is to clear all doubts for you but since you are reading this and you are my follower, you already know what is happening and we agree.
The zone that worked as resistance in late 2023, worked as support in April 2025, last month.
There was a bottom in November 2022. From the bottom we grow.
This bottom signaled the start of the new bull market.
The low in April is a long-term higher low. From this low we will experience the latter part of this long-term growth period, but it continues.
The incoming bullish wave will produce a new All-Time High. This ATH will be followed by a bear market. The bear market will end in a long-term higher low. This higher low we will call a bottom, the bottom of that bearish cycle and from this bottom a new wave of growth and so on. It keeps on happening long-term.
This is good for today.
Enjoy the chart for the All-Time High targets.
Thank you for reading.
Namaste.