Stop fading $BTC.
The old 4 year cycle playbook is done.
There is no "bull run" coming and then a 2 year winter.
There is no "bear market" that wipes everyone out for 80%.
$BTC is not a crypto asset anymore. It is behaving like the new $SPX.
Think about it. Being bearish on $BTC right now is the same as being bearish on the $SPX back in 2010. You are fighting the macro trend, the institutions, and the money that is still just starting to come in.
The market structure has changed. ETFs, corporate treasuries, nation states. This is not retail leverage cycles anymore. This is allocation.
So if you are still waiting for the mega crash to buy, you are going to miss the mega rally.
The train is leaving. You can either get on or keep calling it a bubble from the sidelines.