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Lighter commentary today because we are at a big macro inflection point! Will send a teaching note on FLDs tomorrow
Technically Bitcoin is in a very long cycle trough zone right now the 18-month cycle. When this is confirmed it should lead to a monster rally. However, the wavelength of the cycle makes the actual trough due in February. There is so much event risk at the moment that it is burdening price to the downside and I am expecting the dollar to rally soon, which will put more pressure on Bitcoin.