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Bitcoin has everything it needs to move.
With a 100% track record, the business cycle being at 54.0, with equities making new highs and the Copper/Gold ratio pushing hard...
The environment that has created the strongest periods in bitcoins life is right where it needs to be...
But Bitcoin is not responding.
There have only been 2x 4 year cycles.
Whereas every single cycle, the main bullish phase has been marked by the conditions mentioned above.
Every single one.
And there is a very valid reason for that, which is why everything else is making new highs.
But Bitcoin seems dead in the water, for the first time ever within this macro backdrop.
Truly strange behaviour.
I am convinced it will play catch up, and hard...
But it is now difficult to pinpoint when.