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The problematic aspect of the crypto community is this:
Projects that surge 100x are heavily scrutinized and investigated, yet when projects completely collapse, no one is held accountable.
In reality, $RAVE has outperformed most coins currently available in the market. 🧐
You are being misled.
The guys that purely base their entire analysis off of the 4 year cycle are looking at one tiny part of the picture.
They do not understand the macro, and they won't even engage with anything like what I'm sharing here, because:
1- They don't understand it
2- They can't argue it
When it comes to financial markets there are MUCH larger forces at play than the current Bitcoin candles.
It is not just a case of "Bitcoin did this before at this time so now it will do it again".
There is a much deeper macro foundation that pushes and pulls Bitcoin, depending on the overall setup.
And where we are right now is nothing like any kind of financial bear market.
The best barometers for risk are COPPER/GOLD, Russell 2000 & PMI.
Every single one of them is perfectly lining up for the ideal risk on conditions.
COPPER/GOLD - Bottoming
Russell 2000 - Breakout, restest, new ATH
PMI - In expansion after the largest contraction
And Bitcoin is preparing to do what is has always done in these conditions...
Move higher.
I have highlighted in red on the chart where the 4 year cycle guys think we are.
Now look at the position the other charts are in at that time.
COPPER/GOLD - Contracting after expansion
Russell 2000 - In a bear market
PMI - Contracting after long expnasion
The exact opposite conditions of where we are now.
Bitcoin does not work in vaccum, it is at the will of wider market forces that are much larger than it.
If you only focus on LTF Bitcoin candles, you are missing the bigger picture here.
This is nothing like 2022 and I welcome any 4 year cycle bear to challenge this idea...
But they won't, cos they can't.
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https://t.co/a3yhx6F7Wn