Re-publishing this idea for BTC in 2022. It seems this was a bit ahead of schedule due to ongoing macro forces continuing to push the markets down. I was using the 2017-2018 bear market as a comparison and expected to be hitting this point in November. Very difficult to say where we will go from here. Market sentiment is still very low, traditional markets are bleeding as well, surprise 75 bps rate hike, and inflation still rising as of May. Tough times in the financial world right now.
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