Crypto Bull Market Hasn't Started Yet, Top Analyst Warns
The argument flips the four-year-cycle frame on its head: prior Bitcoin and Ethereum runs happened outside a PMI business-cycle expansion, and that expansion is now sitting at the doorstep.
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The argument flips the four-year-cycle frame on its head: prior Bitcoin and Ethereum runs happened outside a PMI business-cycle expansion, and that expansion is now sitting at the doorstep.
Long-term holder supply just hit an all-time high while medium-sized wallets distribute, a divergence that has preceded every prior cycle top and frames the current Fibonacci retest.
The 270,000 BTC whale buy is the largest single accumulation spike on record, and it lands at a single-digit risk score, just like the November 2022 and March 2020 lows that both preceded multi-x…