This chart suggests that Bitcoin is in the middle of a massive **bear trap**, implying that the market is shaking out weak hands before a parabolic move upward. The inclusion of the **psychological market cycle** diagram supports this thesis, indicating that the market may be at the "Bear Trap" stage before euphoria kicks in.
If this is accurate, those who **hold strong through this phase** could see massive gains. However, it's crucial to manage risk—if the prediction is wrong, a downturn to lower levels could occur instead.
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