BTC has a plan!Bitcoin / TetherUSBINANCE:BTCUSDTAminuteaminHi everyone, In financial markets, history always repeats itself — and if you don’t agree with this principle, my friend, there’s no need to keep reading. Bitcoin has always followed a specific pattern, and right now it’s moving exactly according to that same plan. Every time, from one ATH (All-Time High) to the next, Bitcoin has taken a consistent amount of time — between 1,428 to 1,477 days — and right after that period, it enters a bear market. We’ve now reached that point in time. On the monthly timeframe, the best analysis method is always classic price action, and at this stage of the market, we can clearly see all the confirmations for a bearish signal: RSI divergence and a bearish monthly candle close both indicate that the market is turning red. If we look through SMC (Smart Money Concepts) on lower timeframes, the market has already given us a CHOCH (Change of Character) as well. The scenario of Bitcoin going above $120,000 seems very unlikely, because realistically, even the $120K level itself is already a mind-blowing price for Bitcoin. Any numbers higher than that should be left to time to decide. Wish you all profitable trades.