A long-term Bitcoin chart shared by analyst Cryptolicca connects price movements with repeating phases of market psychology. The chart shows how pessimism, skepticism, optimism, and euphoria align with major cycle shifts.
The image, created using TradingView data, tracks Bitcoin’s historical price action across multiple years and overlays emotional phases that appear during major expansions and contractions. Alongside the chart, used market principle stating that bull markets begin in pessimism, expand through skepticism, mature during optimism, and end during euphoria.