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Is This Bitcoin Cycle Just Like 2019? #shorts #bitcoin #crypto #cryptocurrencies

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#bitcoin #crypto #cryptocurrencies
Rekt Capital shares his thoughts on whether Bitcoin's current 2023 cycle is resembling the 2019 period, step by step. And some key takeaways include retracement depth similarities upon breakdown from the descending macro triangle but also the timing of the breakout beyond the macro downtrend. The timing of the breakout is curious because historically across cycles, BTC has broken beyond the macro downtrend around a year before the Halving and this time was no different.

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