In 2020, bitcoin crashed to around 3k, and everyone said it was dead, had failed, the cycle was broken and it would never surpass it's prior highs.
It formed a weekly cycle low and then went on almost a 20x run to the top.
Right here, lots think it has topped, lots say the cycles changed or broken, it cant make a new high etc.
But we are forming another weekly cycle low that paves the way for a final run to new highs - it seems people are going to miss that final run too.
Are you actually prepared for much higher prices?
I know you aren't, and that's why this asset class is not for you.
People that own Bitcoin do not give a fuck what is going on with the economy. We live like literal peasants to buy magic internet money that draws down 30-50% multiple times a year. This is a fucking Tuesday.
Short term Bitcoin price aside and at a very straightforward level, the way I am judging overall market sentiment is that the whole crypto market doesn't just suddenly call top, and end up being right, when half the market hasn't even moved. It just doesn't work that way.