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RE: Market Watch: Wen Uptrend?

in LeoFinance7 days ago

Hm that's kind of the point they all look different and they all find a way to trick people into thinking it's over. The 2021 cycle is the worst cycle to look at as a comparison because of COVID. That event created an artificial situation where the economy was shutdown but they were printing money out of thin air to make up for it.

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Show me on the chart where you think it's appropriate to call the end of a bull market.
Literally the only metric that has ever worked is at the end of the four year cycle;
specifically November 2025/2021/2017/2013. Go look on the chart for yourself.

Calling the top after a 25% dip even though we're getting worldwide institutional adoption just kind of blows my mind.
There has been no liquidity event.
Interest rates are trending downwards after the fastest hikes we've seen in decades.

And also bear markets only last 12 months. If you actually think this is a bear market then we are already a quarter of the way through it until getting another 3 more years of up. Also alts haven't done anything so I guess this will be the first bull market where Bitcoin just wins and everything else eats shit? I strongly doubt it.