“You nearly 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 a substitute of seeing a sluggish 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 get together ends in April).
Now, right here’s the excellent news:
A left-translated cycle is but to be confirmed — and the market could be rising sooner, earlier, due to the billions of {dollars} price of funding coming from the Bitcoin ETFs.
(Which wasn’t a think about earlier cycles).
And we’ll be sincere…
Seeing BTC get rapidly rejected from $64k (the place beforehand it has been in a position to preserve and plateau after every pump) has given us hope that we’ve obtained an excellent yr or extra of paced out positive aspects forward of us.
And we’re holding on to that hope for pricey life.
