"La razón por la que esto es bastante problemático es que si Bitcoin decide continuar esa relación, deberíamos seguir cayendo hasta el cuarto trimestre. Porque lo que no se muestra en este gráfico es esta capitulación final a finales de 2018, una corrección del 50%. Y si eres un creyente en el ciclo de cuatro años de Bitcoin, probablemente pienses que algo similar va a suceder alrededor de octubre o alrededor del cuarto trimestre." "The reason why this is quite troublesome is if Bitcoin decides to continue that relationship, we should continue falling until Q4. Because what's not shown on this chart is this final capitulation at the end of 2018 right here, a 50% correction. And if you are a believer in the Bitcoin four-year cycle, you probably think something similar is going to be happening around October or around Q4."
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… 2018 following its top right here, just like Bitcoin capitulated into February of 2026 following its top right here. We created a higher low in both cycles which resulted in a test of the 200-day moving average for both instances the first week of May. Then we corrected and the February low gets taken out in June. Again, same in both bear markets. The reason why this is quite troublesome is if Bitcoin decides to continue that relationship, we should continue falling until Q4. Because what's not shown on this chart is this final capitulation at the end of 2018 right here, a 50% correction. And if you are a believer in the Bitcoin four-year cycle, you probably think something similar is going to be happening around October or around Q4. …
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