4-year cycle bros in disbelief. If you've been following my posts, this Bitcoin recovery and bull run continuation is not a surprise. It was expected and predicted.
BREAKING: September PCE inflation, the Fed's preferred inflation measure, rises to 2.8%, in-line with expectations of 2.8%.
Core PCE inflation fell to 2.8%, below expectations of 2.9%.
Headline PCE inflation is at its highest since October 2023.
Yet, the Fed will keep cutting rates.
Bitcoin had a death cross today.
Note that prior death crosses marked local lows in the market.
Of course, when the cycle is over, the death cross rally fails.
The time for Bitcoin to bounce if the cycle is not over would be starting within the next week.
If no bounce occurs within 1 week, probably another dump before a larger rally back to the 200D SMA which would then mark a macro lower high.
Trade the market you have, not the market you want.
To those that keep calling for ALT Season:
In order for ALT Season to happen, ETH needs to go to $5k+ and hold it as support.
For ETH to go to $5k *AND* hold it as support, it means BTC needs to also go to all time highs.
The process of BTC going to all time highs would make BTC dominance go higher, just like it has all cycle.
So the only way to get an "ALT Season" is for BTC.D to first go up as BTC goes to new highs.
If that does not happen, then ALT Season does not happen.
So while the gurus sit out here and yap about BTC.D dropping now and they shill their shitcoins once again, just remember in order to get what they want, they first have to be wrong.
AGAIN.