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This chart is phenomenal and it tells the perfect story for the #Bitcoin markets
The past eighteen months, everybody has been wrong expectations of the markets.
They are going to be wrong again. It's the first time since 2017 that I'm this bullish about the entire industry.
People will underestimate the upside during extreme periods of bearish downturns of the markets.
That's also what's going to happen in the coming period.
On top of that, any bounce upwards will be called a 'bear market rally' as it's in that 'disbelief' phase of the markets.
However, once we start to dive into reality and what the actual arguments are, then we conclude that we're getting closer to the bottom than to the top.
▫️Gold has peaked. It's done for now, or atleast close to it, and history has proven that there will be a follow-up with #Bitcoin after that.
▫️The higher Gold goes, the higher the impulse will be on Bitcoin.
▫️The current valuation of Bitcoin vs. Gold is the lowest since the existence of Bitcoin --> they go in an inverse pendulum. If one moves up, the other one follows.
▫️The recent crash has provided the lowest RSI on the weekly timeframe since the bottoms in 2018 and 2022.
▫️Whether you like it or not, the rotation game is important. Everytime Gold stalls, Bitcoin follows, this has been happening in 2020, 2016 and 2011.
Everything, from a technical standpoint, lines up with a perfect end of the bear market through this capitulation candle.
I'm not even adding all the fundamental changes in, yet:
▫️The Clarity Act comes into play in 2026, resulting into more liquidity pushing for on-chain adoption.
▫️The Job Reports data was terrible, signalling a strong weakening of the economy in the U.S. --> results usually in more economic expansion and money printing and lower rates.
▫️A more dovish FED Chairman to be installed.
The best financial opportunities are made during extreme market conditions. This is one of those.
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