I’ve got two strong signals that suggest this long correction might finally be coming to an end. The market is still in a bullish phase, so this pullback has felt longer than usual. Let’s dive in, and you can tell me your thoughts in the comments.
Good evening traders! Hope you’re having a great day.
The previous retrace (from May to June) lasted around six candles, counting the peak high as part of it. This current one? We’re already at eight candles – that’s about 33% longer than the last time.
Now, look back at history:
January 2025 had a deep correction that lasted for months, with just three red sessions causing a big price drop.
March 2024 was another major one – five months long.
Compared to those, this current move feels more like a retrace than a full-blown correction.
Here’s the second key signal: Bitcoin is still holding strong above $100,000. After 1.5 months of bearish action, no major support zones have been broken. The next big support is at $102,000, and we haven’t even tested that level yet. If this trend continues, we probably won’t.
Also, notice the trading volume – it’s super low. Before any major crash, you usually see a big spike in selling volume. That hasn’t happened. In fact, the largest volume bar after the last correction was bullish, which shows the bulls are still in control.
And don’t even get me started on altcoins... The best is yet to come.
#SaylorBTCPurchase #RedSeptember #GoldPriceRecordHigh #TrumpFamilyCrypto #TrumpTariffs
