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Bitcoin has done something it has never done before.
For the first time ever, in its entire history, it has totally decoupled from everything.
- Small cap stocks
- Global liquidity
- Business Cycle
- Copper/Gold(not pictured)
If it was only one of these things you could write it off as nothing.
But every single one? For the first time? All at the same time?
Something large has changed.
Is It the institutions? Saylor?
Something else?
Who tf knows... but something fundamental has shifted here.
You can go on about the 4 year cycle if you want...
But what you have to understand is that the 4 year cycle has only happened twice.
All of these charts here, bitcoin has moved with, every single cycle.
Until now.