Do you see the hypocrisy of mocking an old theory that you are now promoting?
Also, for the record, I never said to wait until 2024 to buy alts. I have been anti-alts for 5 years.
I said to just stick with BTC from 2022-2025 since BTC dominance was going up. The only "Alt" I bought was ETH back in April 2025 after it "went home."
Anyways, I get things wrong too.
But why mock someone who has been right the last several months, while you have been non-stop bull posting and were wrong the whole way down?
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Bear Markets
Phase 1) Only a few people believe it is starting and are ignored
Phase 2) Half of people believe and those that do not start taunting those that do
Phase 3) No more taunting. Everyone agrees
I think we are in phase 2
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The Advance Decline Index of the top 100 cryptocurrencies is still not yet showing signs of life.
Would like to see this thing turn around later this year to provide at least some confidence.
Another example of the ISM not being the best indicator for predicting BTC price action:
Jan 2019:
ISM: 55.7
BTC: $3700
June 2019:
ISM: 51.3
BTC: $13,900
So in this case the ISM dropped over 6 months and the price of BTC went up 4x.
Nice to see some other guys on this platform that actually post thoughtful takes on macro and how it relates to crypto.
So many just take everything to mean "alt season is around the corner."
Only a few people actually have well thought out takes on the market.
A lot of people keep quote tweeting this saying that I said to pivot to metals.
No where did I say that.
I have warned that we were heading for a blow-off top for metals.
Additionally, since I said to pivot out of alts they have *only* dropped since then.
Then, on Jan. 28th, I warned we were near a local top for metals, and that these altcoin guys were express outrage at me once metals had the drop, and sure enough, they did.
Predicting these guys emotions is infinitely easier than the markets.
@AndreaCapellin4 If you ever bothered to consume any of his content you would know that is not true. He called for metals to have their blow off top in the first half of 2026 - which they did.
Imagine bull posting about metals for 6 years and people get mad when the chart looks like this.
I even posted 2 days before the top that we were near a local top, and yet the pitchforks still come out.
It's insane the amount of outrage some of these guys have.
And to make it worse, the people most upset were the ones shilling altcoins the last 5 years that are down 99% against metals!