📊 Side Trend in the Market: Is the 2019 Scenario Repeating?

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Bitcoin has been fluctuating in the range of $58–61K for the third week now. Altcoins are in a sluggish movement, with predominantly negative dynamics. All of this closely resembles the "calm" phase of 2019 before a new cycle.

Main Similarities:

Low trading volume in spot markets.

High activity in derivatives (but without a breakout).

Active accumulation by whales (according to Glassnode data).

Infrastructure growth (ETF, L2, CBDC).

Possible Scenarios:

1. Repeat of 2019 — a long period of consolidation before a sharp breakout in Q4.

2. Local decline — correction to $50K before the next wave.

3. Sideways movement — moderate growth to $65–68K without an "altseason."

🔎 Watch the activity of stablecoins, ETF inflow, and the behavior of small holders.

#bitcoin #BTC #Altcoin #Glassnode #BinanceSquare