Vires

-35% in 45 days. Bears in euphoria

If people think this cycle is done at only a 1.8x, what do they think the next cycle? Follow the trend with a 0.9x, its a joke.

I'm bullish

Pathetic. There has been no 2025 bull market, 4 year cycle is dead. Long live the bulls

In the previous bull market (which we believe was cut short) from the monthly close bottom to the top, we rose 3× higher than the gain in the current bull market (low to high so far). Therefore, I expect the coming bear market to decline 3× less in magnitude, putting the absolute low at $85K. This suggests the current bull market may not be over yet.