People calling for $50k-45k like they have the math. You don't. Nobody does. The last three cycle peaks hit when ISM Manufacturing PMI was above 57. Today it's 47.9. Bitcoin trades the business cycle more than halvings. Miners are capitulating into AI pivots. Possible Hormuz blockade is /will be compounding into production shutdowns. Insurance markets withdrawing from entire regions. But sure, your fib retracement will call the bottom. Fundamentals don't care about your lines.
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$BTC bottom predictions are hilarious.
People calling for $50k-45k like they have the math. You don't. Nobody does.
The last three cycle peaks hit when ISM Manufacturing PMI was above 57. Today it's 47.9.
Bitcoin trades the business cycle more than halvings.
Miners are capitulating into AI pivots.
Possible Hormuz blockade is /will be compounding into production shutdowns.
Insurance markets withdrawing from entire regions.
But sure, your fib retracement will call the bottom.
Fundamentals don't care about your lines.