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And another one.
The business cycle just locked its third consecutive month in expansion…
Bringing in the highest reading in 3 years at 52.7.
As I have been saying for ages now, Bitcoin has never entered a prolonged bear cycle within business cycle expansion.
It has bad corrections, and this has been a deep one.
But we are not following the 4 year cycle bear market because the cycle is actually governed by the business cycle and that is expanding, not contracting.
Everyone is gonna have to see this one to believe it, I understand.
But it’s happening.
After one month it was “it’s gonna drop next month it’s a one off”
After the second it was “yeh but it’s cos tarrifs”
Now the third month it’s “yeh but war will drag it down bro”
It’s three months in a row guys.
It’s a trend.
New highs this year really isn’t off the cards.