It is going to be obvious in hindsight.

And everyone will be so confused as to how they could not see it when it was staring the in the face.
The fact is that this cycle IS different.
Everyone is so caught up with the 4 year cycle that they cannot understand that it has always been based on something larger.
The business/liquidity cycle.
You only need to connect two dots to understand this.
The cycle was weak because the business cycle was in contraction.
Almost nothing made new highs because the foundations that were there for every other cycle, were not there this time(yet).
The business cycle contracting for its longest period ever, has created the longest cycle ever.
And now we are back in expansion, the Bitcoin cycle is going to expand also.
Every other major market chart also tells you this:
- ETH/BTC: has not finished its cycle
- BTC.D: has not finished its cycle
- TOTAL2/TOTAL3: have not finished their cycle
Everything is within a mid cycle position, which is how everything has been during ISM contraction for every other cycle.
Look at this chart... it literally shows you that.
When ISM breaks out, it is not the end of the cycle.
Yes, BTC made new highs for the first time ever during ISM contraction, but that was because we had institutional and gov adoption for the first time ever.
That pushes us up, but every move was weak because the foundation was not there that is required for a true sustaining run.
GOLD is also telling you this story.
To those who are willing to listen and entertain this outcome, you can get yourself positioned now.
Those who won't... you will be left behind waiting for a Q4 bottom that isnt coming.