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“You virtually sound excited? Why is that?”
It’s trigger we’re frightened of seeing a ‘left-translated cycle’ — which is a crypto cycle that peaks earlier, and drops for longer.
So as an alternative of seeing a gradual climb in worth over 3 years, then a drop over 1 yr, we see a sharper rise over 2 years, and a protracted 2 yr decline.
(See header picture ☝️).
“Who cares? A pointy rise over 2 years sounds superior!”
That it does!
Solely downside is — IF we’re in a left translated cycle — we’re already 1 yr and 10 months into that 2 yr rise (the occasion ends in April).
Now, right here’s the excellent news:
A left-translated cycle is but to be confirmed — and the market may be rising sooner, earlier, due to the billions of {dollars} value of funding coming from the Bitcoin ETFs.
(Which wasn’t a consider earlier cycles).
And we’ll be sincere…
Seeing BTC get rapidly rejected from $64k (the place beforehand it has been capable of preserve and plateau after every pump) has given us hope that we’ve acquired an excellent yr or extra of paced out beneficial properties forward of us.
And we’re holding on to that hope for expensive life.
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