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According to the classic 4-year cycle, Bitcoin just entered bear market territory.
This could only mean one thing.
Either the 4-year cycle is dead, or we've just entered a bear market.
Given the macro backdrop and how this market has evolved, I'm leaning toward the former over the latter.
π¨CRYPTO'S LONGEST EXTREME FEAR IN 3YRS!
The Crypto Fear & Greed Index is still at 15, marking 8 days of brutal Extreme Fear.
This is now the longest Extreme Fear streak since the FTX collapse.π₯