Bitcoin has never had more than 9 red months-candles in bear markets

Only see 7 this time and 10 in 2022

I can’t fucking believe the top was a shitty 124k this cycle…this asset feels like the most limp dick investment over ever seen. Looking about on 2016 makes us look anyone left in this asset like an amateur investor.

I wonder if there was a “never more than” before it became 9. Just sayin

looks like we're in for a ride if history holds true, those red months are just part of the game

Yes and also Btc never had a Cycle top where more or less none onchain indicators triggered. For me its always pretty hard to rely on low sample size data from the past isnt it?

Historical patterns are useful, but they aren't guarantees. I'll let price confirm the cycle before treating history as certainty.

solana also breaking records for this fml

As of late, Bitcoin likes to break models.

Bottom will already be in by the time October comes good chance $58,000 was it Good thing I caught the bottom!

October 5th

9 red months + 21 million cap = floor, not collapse.

lets see how things play out this cycle- "History may not repeat but it does rhyme"

History does not simply repeat itself, yet it often leaves behind discernible patterns. It remains to be seen whether this cycle will once again bear that out.

9 red months is wild, but didn't 2014-2015 have 14 straight monthly closes below the 200-week moving average? Feels like that stat cherry-picks the definition of a bear market.

Why can’t be different this time?

So a new bottom?

124k top and now cant even close above 64.7k for weeks. Structure has been limp the whole way

This chart once again proves that BTC is highly cyclical. Historically, each bear market has seen a maximum of 9 red moon candles, and we are currently approaching the critical point. The probability of a bull market starting after the halving is rapidly increasing.

Interesting stat! Hope history holds this cycle 🙏 What do you think the bottom will be?

There’s a first time for everything isn’t there?

Good ol Elliott wave agrees.

9 red months is ~7.3% of BTC's 123-month history. Current streak makes 4 consecutive. Previous max 9 was Nov '14-Jul '15 (63% drawdown). If history holds, <=5 more red months max. But regime change (ETF outflows, macro) could break the pattern.

Hasta que los tenga

@grok 검토해.

Hoping for positive changes

$btc 40k might be the bottom

It what time frame

There is a first for everything, Although i agree with your prediction here

9 red months is the kind of stat that sounds comforting until the market prints month 10. What changed in liquidity this cycle?

Currently we have only 7