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It’s not just the tops.
Every “bear market” has ended precisely as red turned to green.
Every “ramp” has lasted as long as bars were green.
Every “hockey stick” has been marked by green flipping red (not the halving).
And yes, every “top” has been marked by a peak in red.
The business cycle’s dynamics are all that’s been needed to understand Bitcoin’s.
Even the profiles of the reds match the profiles of the bull runs ffs.
All I see is “this cycle is so different”, f*ck this cycle”, or “cycle almost over”…
What’s actually different?
Green has been longer, and thus the ramp has been longer - that’s all.
Red hasn’t even started. Doesn’t seem like most will be here when it does. Will you?
This is actually a massive shift. Since the creation of the Federal reserve, 2% baseline inflation has always been the target. This is going to have massive ramifications over the years in terms of increasing wealth inequality and instability amongst lower-class people.
We're not talking about a 1-year timeline or anything like that, but give it 10 or 20 years. This world is going to look a lot different.
#BTC
One of the most positive things about this current pullback is that this same type of retrace took place at this same moment in the cycle in both 2017 and 2021
In both 2017 and 2021, each of those retraces preceded upside to new All Time Highs
$BTC #Crypto#Bitcoin
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