An observation, not a theory.
It's been a fairly tight correlation throughout the past 13-14 years.
The chart below (from Real Vision) shows it well.
At some point, I am expecting the alligator jaw...
Well, more than an observation, right? You, iirc, communicated an expectation for bitcoin to rip higher alongside ISM.
Not hating, this bitcoin price action has just been downright nasty the last several months, particularly while watching stocks at ATHs.
Personal lesson for myself, probably should have given a little more credence to the 4 year cycle timing instead of believing all the hype men saying the cycle is over and we will just keep grinding higher.
I also bought into the Trump hype around bitcoin, but he turned out to just grift off 'crypto' which shouldn't have surprised me given his lifelong grifting history.
Not hating, this bitcoin price action has just been downright nasty the last several months, particularly while watching stocks at ATHs.
Personal lesson for myself, probably should have given a little more credence to the 4 year cycle timing instead of believing all the hype men saying the cycle is over and we will just keep grinding higher.
I also bought into the Trump hype around bitcoin, but he turned out to just grift off 'crypto' which shouldn't have surprised me given his lifelong grifting history.
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