We are likely in a wave 2 orange at the moment as part of a final wave (5) of ((5)). The reason I don't think the ATH at $295 being the top of this cycle is because of the 4 yr cycle for BTC. Historical, the top of the cycle would be atleast Q4 of this year with ETH and SOL having gained multiples over previous cycles' high. Overall, macro environment is still bullish. Current move down is due to this trade war and it's unclear if it will have a long term impact.
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