In cryptocurrency markets, when a digital asset breaks its previous all-time high, historical patterns suggest that a market bottom typically forms approximately 23 months later, often at the cost of production level, making this a critical timing indicator for potential market bottoms.
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Bitcoin is at a CRITICAL level that has always marked the bottom before a bull run! šØAjoutĆ© :
Bitcoin is right now at a critical level. Okay, a level that has historically never failed. And this is a pattern that's very interesting. So when Bitcoin makes a new high, right? It breaks the previous all-time high. It has literally always taken 23 months from that happening to a bottom being formed. Now, the bottom has always been formed at the cost of production, just like it did here, just like it did here.
And it also took 23 months. And guess what? We are at that exact same stage right now. It has been exactly 23 months since the all-time high break right here and Bitcoin has already retested the cost of production. So again, if history is going to repeat, well then right now is a picture perfect time for it to bottom.
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