Every Zipp story tagged #MidtermYear, newest first.
Three of the last three midterm years printed their equity top in August or September after a shallow June dip and a July rally, a pattern the S&P looks on track to repeat heading into late Q3.
The thesis is built on the four-year cycle and prior midterm-year templates rather than fresh on-chain capitulation.
July has historically delivered a single-digit-percent bounce inside midterm-year weakness, and Bitcoin just ripped off the early-July low, but 2018 and 2022 show those gains typically get handed…
The mid-year cycle low landed almost exactly ten times the 2018 print, and the broader 2018 pattern of February trough, May lower-high, June flush, and July relief has held for eight straight months.
The channel frames the ~5% June dip as the textbook midterm-year opener, with a low-volume summer drift higher likely before a 10-20% second-leg drop that could double as a cycle reset for Bitcoin…
Benjamin Cowen