BTC Bitcoin has never printed two consecutive red yearly candles, and I don’t believe that’s about to change. Due to the recent rally, price has already erased most of its previous drawdown. There are still four entire months ahead of us before this yearly candle closes, which gives BTC plenty of time to recover the remaining 10% towards the yearly open around $87.6K. More importantly, a green close would fit perfectly with the idea that the bear market is already behind us and that BTC is transitioning into the next major cycle. After the previous bear markets, the first year of recovery marked a clear shift back in favor of buyers rather than just another temporary relief rally. That’s also why I think the reaction over the remaining months of this year will tell us a lot about where BTC currently stands within the broader cycle.(Max Trades)