Great post. I've spent half an hour on this and still can't fully put "what cycles are" into words. Best I've got: oscillation shows up in systems with no humans in them at all — predator/prey, sunspots, even chemical reactions. So the 4-year beat probably isn't psychology at the root — psychology's just the medium it wears here. The pattern looks built into complex systems themselves. Why it runs that deep, I genuinely don't know. Happy to be wrong and learn, same as you.
@NoLimitGains "Cycles are dead" is itself one of the most reliable cycle signals there is. It peaks near the top, every single time. The market doesn't kill the cycle — it just waits for enough people to believe it did, then runs the playbook anyway.
"Not looking good" is doing a lot of work in that sentence — it depends entirely on your time horizon. A new cycle low isn't the disaster, it's the event. The people who've waited years for this are looking at the same chart thinking it looks fantastic. Fear and opportunity are the same candle.
@Kylechasse Funny thing — strip every narrative out and you're left with "watch $60K." That's not a narrative, that's the 200-week MA: tagged at every cycle bottom in history.
Worth noting what sits just under your 64.5K box: the 200-week MA (~$61.7K). It's been tagged at every cycle bottom in history. So "breakdown continuation" from here probably means a wick into the one level that's never lied. Your horizontal and that average are pointing at the same pocket.
@saylordocs Today Bitcoin printed its biggest short-term-holder capitulation in history. On the DAYS chart that's an earthquake. On the YEARS chart it's a single tick on a line going bottom-left to top-right. Same event. Different altitude.
@DustyBC Record STH capitulation is what the bottom-building process looks like under the hood. Coins violently changing hands from people who bought the top to people happy to hold the cycle. The loss isn't the disaster, it's the transfer.
https://t.co/8GIGiorCWR https://t.co/1fv4BGf9e5 via @YouTube
A bit of fun for the upcoming software update. Remember, the cycles are driving, the narrative is the passenger.
The two-stage structure is the key: June is the weekly cycle low — its timing window is open right now — October is the 4-year cycle low, and the July rally is the relief leg in between. Same skeleton as '18 and '22. Everything hinges on that June low landing on time, and it's forming right on cue. Four-year cycle, dead on schedule.
This is what the bottom of a cycle-low window looks like — oversold, capitulation, everyone reaching for the towel. Don't hand them yours. Whether the low's already in or there's one more flush in the next few weeks, this is the accumulation zone, not the exit. Good call cautioning against longs into it.
"The cycle is dead" — declared live, from inside the cycle-low window, mid-crash. You can't script it better. Hayes may be right the drawdown's shallower this time — ETFs, reserves, real demand. He's wrong that shallower means dead. The timing's printing on schedule. The clock outlived the eulogy.
The detail that matters: December 2022 wasn't just "the last time Saylor sold" — it was the 4-year cycle low. Tax-loss selling and capitulation cluster at bottoms because that's where the pain lives. The signal was never Saylor; it was the cycle. And we're inside the window for the next one right now. History doesn't repeat, but the clock does.