Right now, there are two camps on this app. 1. 4 year cycle, 75% correction, Bottom October Q4 1064 days 2. Macro and business cycle, currently a mid cycle top with expansion into new highs this year What makes it even more interesting is that up until this very moment, the 4 year cycle theory has held weight. And to add to that even more, this is the first time these cycles have diverged. But what is more important to a liquidity asset like Bitcoin? A time-based theory that leans on nothing but that... just time? Or a macro framework that is based on the actual expansion and contraction of the US economy? And its important to note there have only actually been 2 cycles that you can class as a 4 year cycle also. 2013 - 2017 2017 - 2021 This current cycle is yet to be decided. We have reached the stage in the market where people are actually laughing at the ISM... which i think is actually a really good sign. The cold hard truth is this. Every single time the ISM has entered expansion it has sparked a bull market. Not twice... Every single time. And this isn't some magical force. It is simply because as the worlds largest economy expands, everything expands. We have never entered a long and drawn out bear market as ISM enters expansion... ever. To bet on that happening now, for the first time, in my view... Is folly.
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There has never been a bigger gap.
Right now, there are two camps on this app.
1. 4 year cycle, 75% correction, Bottom October Q4 1064 days
2. Macro and business cycle, currently a mid cycle top with expansion into new highs this year
What makes it even more interesting is that up until this very moment, the 4 year cycle theory has held weight.
And to add to that even more, this is the first time these cycles have diverged.
But what is more important to a liquidity asset like Bitcoin?
A time-based theory that leans on nothing but that... just time?
Or a macro framework that is based on the actual expansion and contraction of the US economy?
And its important to note there have only actually been 2 cycles that you can class as a 4 year cycle also.
2013 - 2017
2017 - 2021
This current cycle is yet to be decided.
We have reached the stage in the market where people are actually laughing at the ISM... which i think is actually a really good sign.
The cold hard truth is this.
Every single time the ISM has entered expansion it has sparked a bull market.
Not twice...
Every single time.
And this isn't some magical force.
It is simply because as the worlds largest economy expands, everything expands.
We have never entered a long and drawn out bear market as ISM enters expansion... ever.
To bet on that happening now, for the first time, in my view...
Is folly.