Is the 2020 bull market pattern repeating itself?

The market has entered a correction phase for now, especially on-chain—this is clearly evident from the many memes and the outflow of liquidity from them.

And let’s not forget that inflation data is coming out today and again tomorrow, so volatility should be high.

And here’s another interesting piece of news that brings back vibes from the COVID year, when the U.S. distributed about $1 trillion in aid to people.

Trump has promised to pay every adult American $5,000 if Republicans retain control of the House of Representatives and the Senate after the election.

If you do the math, that would mean handing out even a little more than during the COVID year—around $1.2–1.35 trillion.

And we think everyone remembers where people put some of that cash in 2020.

But this is Trump: today he says one thing, tomorrow another. Moreover, it’s still unclear exactly how this will be implemented and where the money will come from.

But the fact itself and the news are interesting.

📊Bitcoin’s key level is $72,000–$73,000, per CryptoQuant.

Holding above it could signal institutional reaccumulation, while a breakdown would weaken the trend.

❗️U.S. Macro — CPI

MoM = +0.4% (expected +0.4% / prior +0.1%)
YoY = +3.4% (expected +3.4% / prior +3.4%)

Core CPI

MoM = +0.3% (expected +0.2% / previous +0.2%)
YoY = +2.4% (expected +2.4% / previous +2.5%)

🤯 If July 1 ($57,750) really was the bottom of the bear market, it would have been the shortest $BTC bear market

But it’s too early to count the bears out—they still have time to get back in the game:

👉 October 4—the date that corresponds to the bottom of the 2018 bear market
👉 October 17 corresponds to the 2022 low
👉 November 21 corresponds to the 2014/15 low

That’s exactly why I’ve set December 1 as the deadline, after which I’ll switch to a 100% bullish stance 🧠

This #BNB signal brought me really strong results.

By the way, the opportunity is still active, so I would not waste time here. I am definitely not stopping and will continue working with it.

You can see the results in the screenshots

👍 Sooner or later, BTC will return to its usual correlation with M2 liquidity, just as it has in every new cycle before.

All in all, yesterday we saw some manipulation around the data release, squeezing out the short sellers, followed by a pullback and a surge in long positions.

This is because the macro situation has only worsened: the market is now even more convinced that rates will rise, so everything we wrote earlier still holds true.

On the other hand, we have an altcoin that’s attracting liquidity, which means more entry points and setups, so scalpers will definitely have plenty to work with over the weekend.

And we’re seeing a bit of a return to the vibe of activities and grinds: more and more projects are popping up, such as the NFT mining project Hashcat, free mints, sales, and various drops.

All in all, it’s time to start looking in this direction and seeking out opportunities. It could be a nice boost for low-bankroll traders.

Here’s a little insider tip for you: the Arc Mainnet launches on September 16. Take a closer look at the ecosystem—memes and NFTs—there’s plenty of activity and things to grind. We at Alpha have already started working on it; there could be some good opportunities coming up.