Hello Everyone!
Bitcoin is showing a short-term bear flag while sentiment has flipped extremely bullish, with a lot of people now calling the cycle bottom.
In this video, I break down why the weekly RSI bullish divergence isn’t as convincing as it looks on the surface, why most other timeframes and metrics still aren’t confirming a bottom, and why I’m sticking with a cycle-first approach that points to more downside ahead.
I also touch on gold’s long-term cycle, what M2 is doing, and why I’m comfortable staying patient until we actually reach the real bottom window.
Enjoy!
