The bull market is not dead! Don't be scared by the short-term pullback; the real big rally has just begun!
When the market hits a historic high in Q4 2024, the current stagnation and 20-30% pullback are making a group of people panic. But smart money knows this is just a breathing period in the bull market, not the end, but the starting point for the next violent surge!
MVRV Z Score: Historical-level bottom signal
The MVRV Z score of Bitcoin is approaching 0. This indicator has historically seen violent rebounds every time it hits a low point over the past 10 years! Remember the $3K in March 2020? It skyrocketed to $20K six months later!
Historical patterns tell us: the strongest surges often occur in the latter half of a bull market.
From 2017 to 2021, and now to 2024, every major bull market's mid-cycle deep pullback ultimately led to even stronger surges. The current market rhythm is almost identical to historical trends; all the fluctuations, pullbacks, and panic will eventually turn into new FOMO starting points!
