Because of the chart I shared earlier… many people are now expecting another massive leg down. But you know how markets work. When everyone expects the same outcome… reality often moves in the opposite direction. So let’s step back and look at something much more interesting… …the BTC Weekly Chart. --- ### Weekly Structure… Something Very Familiar If you open the weekly chart and strip it down to structure only… one thing becomes very clear: Bitcoin already revisited the 200 Weekly EMA. Not only that… …it actually overshot it to the downside. Historically, this is nothing new: … 2016 overshoot … COVID crash overshoot around 30%+ … 2022 bear market overshoot roughly 35%+ And now? We overshot again… roughly in the same magnitude. That puts price in a very interesting technical position. --- ### The COVID Mirror Here’s where it gets really interesting. During COVID: QT environment… panic… massive dump Bitcoin broke down fast Price overshot key averages Then… the recovery phase began. Now compare it to today: QT recently ended Bitcoin dumped aggressively Price revisited and overshot the 200 Weekly EMA Structure looks eerily similar. I’m not saying history repeats perfectly… …but the rhyme is hard to ignore. --- ### Timing Comparison Back then… Bitcoin sold off through most of February… and printed the ultimate bottom around mid-March. If the current structure continues to mirror that behavior… then statistically speaking… a strong reaction phase somewhere around March would not be surprising. Again… not a prediction. Just an observation of how closely the pattern aligns so far. --- ### My Take Right now the chart shows: … fear at extreme levels … technical overshoot already done … structure similar to one of the strongest reversal phases in BTC history. I’ll post a side-by-side comparison chart next… COVID dump vs current structure. Interesting pattern… right? Just needed to get this off my mind. @CIX369 #Crypto #ETH #Bitcoin #Altcoins #ETHBTC #BullMarket #CryptoTrading #BuyTheDip #SmartMoney #CryptoCommunity #ProTrader #Investing #Ethereum #BTC #Markets