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If you firmly believe that the four-year bull and bear cycle law for BTC still holds, then don't waver. When a cyclical bottom appears and this rebound wave reaches the predicted maximum resistance "top," you must sell. Don't wait until it hits 83,000 and then start thinking about 88,000, 92,000, or 100,000. Especially for those caught in a trap, once you have exited, you must sell. Don't be tempted again by the voices calling for 150,000.
On the evening of February 5th, I posted a forecast for this rebound, believing that many people would judge it as a "bull return" at that time. The bullish and bearish opinions are very divided, after all, the maximum rebound after hitting the bottom could be 23,000 points.
BTC
-1.19%
0xiodos
2026-03-08 00:36
★March 8th #CryptoHistoryToday丨Bull and Bear Markets, Witnessing History
♦︎ 2024
Bitcoin breaks through the $70,000 mark during trading hours, setting a new record, while ETH also surpasses $3,900
♦︎ 2021
Norwegian industrial giant Aker announces the establishment of Seetee to specifically invest in Bitcoin, as the NFT wave fully erupts
♦︎ 2014
Dorian Nakamoto officially issues a clarification regarding being mistakenly identified as Satoshi Nakamoto
♦︎ 2013
The first short-term fork in Bitcoin history caused by incompatible version protocols
♦︎ 2009
The Bitcoin Wikipedia page is officially created
BTC
-1.19%
ETH
-0.36%
GodOfWealthEnlightenm
2026-03-08 00:36
Bitcoin Ethereum March 8 Operation Plan External factors still contain many bearish signals
On the news front, the negative impact of Middle East conflicts continues. If crude oil prices continue to rise on Monday, the market will face further downside.
But from a technical perspective, the bulls have completed the first phase of their task, successfully releasing the trapped positions from the past three weeks. The weekly chart has formed a series of squeezing candles, and in the future, there will be a period of consolidation within this squeezing candle body. This will serve to wash out the weak-handed and poorly skilled leveraged funds through time and space, before restarting the market.