Bitcoin Bulls Cautiously Optimistic About Start of New Cycle After Relief Rally From $15k Bottom

The Daily Hodl analyst believes the first stage of the Bitcoin bull market is underway, though skepticism remains

Bitcoin likely hit its bear market bottom around $15k in November 2022, sparking the current relief rally

Analyst says a deep correction is still possible in Oct/Nov, similar to 2015 and 2020 cycles

If monthly support around $24k breaks, it could confirm a larger correction coming

Bitcoin is currently trading around $26,849 amid the early bull market