Bears have been so wrong this whole rally. They are busy soothing their anti-America bias, and don't understand the basics of money flows or monetary principles in a credit-based system. They call for crashes based on feelings, every dip is going to be a crash, market narrowing is seen as risk. They start from their preconceived notion of how the market should...
Each bitcoin cycle has had a unique dominant negative theme. This time, the themes are very positive, spot ETFs and use of bitcoin layer 2's instead of altcoins. Despite that, the price is tracking right in line with previous cycles.
No prediction. This is a study of the US Treasury yield curve in relation to the Fed Funds and RRP rate.
The 2016 - 2017 Bitcoin Bull Market was a series of moves. The first was +160% in 8 weeks then a 40% pull back, second was +160% in 8 weeks then a 40% pull back, third was +165% in 7 weeks then a 30% pull back, last was a +250% to end, leading to a -75% bear market.
Just putting this here to keep it.