📊 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.
