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taishiro
taishiro
Nine months of downside has clearly tested conviction, particularly among altcoin holders. But the historical comparison here deserves a closer look. In both 2016 and 2020, Bitcoin went through substantial mid-cycle corrections before resuming its broader advance. The current chart draws a similar parallel, with macro ratios suggesting that the market may be going through another period of relative weakness rather than necessarily entering a prolonged bear market.
Matthew Hyland
Matthew Hyland
The reason why after 9 months so many are still calling for much lower is because they cannot accept this was just a Mid-Cycle correction for #BTC It is fully in line with the Mid-Cycle corrections BTC had in 2016 and 2020 as the Macro Ratios turned and fully explains it all
BTC-6.13%
15:15 · 11/01/26·16.3K views·Posted on OKX Orbit
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