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Bitcoin just made history.
It made a new low while being in Business cycle expansion.
For the first time ever.
With lowest 1D RSI since 2018.
I honestly did not expect that to happen and will willingly admit I got that wrong.
I won’t make excuses.
What we’re now seeing here is a new paradigm in which Bitcoin is operating on a different playing field.
Even if you are a 4 year cycle guy, you should take this shift seriously.
If Bitcoin has diverged from the macro, what else will it diverge from?
Anyway, congrats to all those who called new lows.
I speak a big game so I will own a wrong call and accept whatever comes my way.
Now we need to see what happens from here and how Bitcoin progresses.
No more buys for me just yet.
Good luck all.