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Recently, a $BTC trend script has been circulating, and I think the market consensus is quite high:
Bitcoin: 8-10月, price 40,000-60,000.
This is the bottom of this cycle 👆
I just worry that the stronger the consensus is, the less it will actually follow this path 🥶
It just feels like Bitcoin still needs “one big drop” and “a 3-6 month sideways base-building”—once those have happened, it should be the bottom.