I rarely make predictions
Technical analysis is magic for the naive
I will try to approach it from the perspective of human expectations
While some enjoyed the growth
Others suffered with hopes of a decline
Wishing to see previous numbers to buy cheaper
This time for sure 🙃
Now it's time for the second group
For whom today only one question is relevant: where will the bottom be?
As it always happens
People build their predictions on numbers that are multiples of 5 or 10
Even if they try to account for this flaw
Also, it is typical for people to present bright events from the recent past as a trend
In other words
If the market was falling by 3 percent every week and then suddenly dropped by 15 overnight
People will start searching for meaning in what is happening and exaggerating changes
Even if there are none at all
Okay, now to my expectations
Within this decline
We will not see 70 for BTC
Only because many would like to see that number.
And it seems to me that the strong downward wave is already on its last breath
For myself, I see the current situation only as a way to safely accumulate at a discount
But if someone decides to follow my advice
I have no technical justifications or insights
Only vision
Too many reasons for an alt season in 2025
Let’s observe