Trader Garrett says continued consolidation and rising BTC dominance would strengthen his bullish view

Trader Garrett says continued consolidation and rising BTC dominance would strengthen his bullish view

N
News Editor
2026-08-24 02:00:36
Crypto trader Garrett (@garrettbullish) said he would turn more bullish if the market continues to consolidate at the start of the week while Bitcoin dominance keeps rising. In his post, Garrett urged investors to stay disciplined rather than rushing to add exposure or using excessive leverage. He also warned against trading like someone going through a first market cycle. Garrett said this is the fifth cycle he has traded through and that he knows how to handle the current setup. The remarks were cited by ChainCatcher in a short market update published on August 24, 2026.

Crypto trader Garrett (@garrettbullish) said he would become more bullish if the market sees further consolidation at the start of the week and Bitcoin dominance continues to move higher.

Garrett also urged investors to stay restrained, warning against rushing to increase positions or relying too heavily on leverage. He said traders should avoid acting like they are going through their first cycle.

Garrett added that this is the fifth market cycle he has experienced and that he knows how to manage the current market environment.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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