The four year cycle strikes again.
Bitcoin just had a weekly close below the 200W moving average.
The first time it closed below the 200W moving average in 2022 was also in June.
Midterm years always feel really bad for crypto.
This time even more so since we topped on apathy.
While many cryptocurrencies will die out, I think Bitcoin will survive
Clarity Act + $HYPE ATHs will quickly change public opinion on crypto over the next several months
sentiment still very low, best time for finding asymmetric opportunities
onchain volumes & perps volumes up & to the right from here