When you realize we’ve been in a bear market since Dec 2024
Diminishing returns?
Flat part of the S curve?
What you think?
Discussion
The four year cycle is broken
Cycles are over and we have to live with the uncertainty of that. My take.
I felt intuitively like the recent dump more resembled the final big retail capitulation we’ve experienced at the end of previous bears. Could very well be a year into the bear now and just got the big final capitulation over with. Now chop for a bit then start to breakout priced in AU. Possible, though I will always admit IDK cause I don’t.
we had an all time high last month how could we be in a bear since 2024? last cycle everyone said cycles were getting longer, but now everyone is sure the bull is dead or never existed because of a thirty-whatever percent drop. maybe we enter a real bear here or maybe we pump to $150k within the next few month no one knows.
Fiat is an unreliable measure we peaked in Dec 2024 when measured in gold which is a more reliable measure of value over time.