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This is Why this Crypto cycle will be completely different than the last.

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Murad 💹🧲

723,273 subscribers

121,293 Aufrufe • vor 1 Jahr •via X (Twitter)

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Last cycle, $BTC swept 19% below the previous ATH. This cycle, it's still only 16% below. That zone was a huge opportunity last time. There is no reason to think this time is different.
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Something is very different about this cycle. Every previous cycle had a blow-off top. This one hasn't. Nothing really got overbought. So if we never got the typical bull market...why would we get the typical bear market? The macro backs this up. PMI positioning is completely opposite of where it was during the last two bear entries. And then there's Midnight. A regulated UK bank is tokenizing $250M in retail deposits directly on chain. Insane news for the day! I really do not think this cycle is going to follow the old playbook. We will see.
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