BTC is unlikely to break through this level on a quarterly closing basis—unless accompanied by a strong rebound that lasts for at least 6 months or more.
Some people might argue that such a possibility exists during altseason. Of course, for most of us, just breaking even is already a good outcome.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
TopEscapeArtist
· 7h ago
From a technical perspective, this breakout is really incredible. A 6-month rebound? I feel like I'm dreaming.
View OriginalReply0
GasWaster
· 7h ago
Just break even, don't think too much haha
View OriginalReply0
HodlKumamon
· 7h ago
Breaking even is already good... This sentence really hits home. I calculated the historical data, and when this kind of "breaking even is a victory" mentality appears, it often means that market sentiment has already bottomed out.
View OriginalReply0
SeeYouInFourYears
· 7h ago
Waiting for that 6-month rebound, or else we might really have to rely on altseason to save us.
View OriginalReply0
MissedTheBoat
· 7h ago
Breaking even? Bro, that's way too low of a target. I gave up hope long ago.
BTC is unlikely to break through this level on a quarterly closing basis—unless accompanied by a strong rebound that lasts for at least 6 months or more.
Some people might argue that such a possibility exists during altseason. Of course, for most of us, just breaking even is already a good outcome.