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RE: Bear Market Over Early

in #bitcoin2 days ago

Not remotely convinced that the bear market is over:

Record Liquidations: On August 20, 2026, approximately $3 billion in crypto shorts were liquidated in 24 hours, the largest event since records began in 2021

The entire thing looks more like a short term bit of market manipulation to rinse out a laundry basket full of shorts lolz, which we've seen time and time again 😎

There's been plenty positive news in recent months and the market hasn't budged an inch, but all of a sudden when DeFi reaches a tipping point the taps were turned on and the wash started.

Fully expecting future sideways action or a drift back to lower levels.

Happy to be proved wrong, DCA'ing either way.

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Well if you were around four years ago you might remember that people thought the bear market was still going well into 2023 even though we had bottomed a year before that. Bear markets last around a year or less. It will be a full year come 10/10. That's less than two months.

We also consolidated around $58k for 10 weeks.
Exactly where one might expect a consolidation at the bottom,
and exactly how much time we often consolidate at the bottom.
In 2022 it was November to January.

Been around for a lot longer than 4 years.

We're just on different wavelengths, no biggy, every angle has some merit. If you'd asked me a couple years back I'd a been the no.1 advocate for the 4 year cycle, but after watching all that institutional money pour in, and adoption spike it's hard to fully believe the 4 year cycle is still gonna hold sway. It might, but who knows??

Kinda hope I'm wrong as it was pretty tidy having a pre-programmed investment calendar to generate cash with, on the other hand I also hope we've got a runway a bit longer than 10/10 because i'm trying to pour as much investment cash in as possible before the big financial machine lights the touch paper lolz.

I've arrived at the point where I've stopped looking at what 1 $BTC is worth in terms of dollars, the goal is simply accumulation, the more you hold the more likely you are to survive the next 20 years 😎