My conviction grows in this every day.

- What we have just been through is a mid cycle top
- This is now a mid cycle bottom
- We will go on to make new highs this year
- Those waiting for October bottom at $40k will miss
I think we are about to enter a period in time of Bitcoins existence that shocks everyone, even the most staunch of bulls.
It is my view that we have just finalised an expanded flat correction patter, that will lead us into new highs within this year.
After this deep breakdown, the timing of this has been pushed back somewhat, but definitely, if it plays out, new highs will be this year.
The US economy has begun a very large phase of expansion that is not being priced in, and the new FED chair is going to be doing a lot more cuts than is priced in.
This is going to create an insanely prosperous economy with cheap money and productivity going through the roof from AI innovation.
ISM is starting to signal this to us, and the relevant industrial indexes are entering price discovery.
I have been early on this call and have suffered the consequences of that, with the market pushing harder down and staying irrational for a long time.
But the more that time passes, the more that data develops, the more this is the outcome I see.
They have already caused max pain to the downside with the most aggressive correction in Bitcoins history...
And not so soon they are going to do this to the upside.
That is my view.
Bitcoin right now is moving very similarly to how Gold did before its mammoth breakout, which subsequently lead to a $25tn market cap increase and record breaking monthly RSI's due to the sheer parabola of it.
Right now, we are at the C wave, the end of the expanded flat.
It is this part that causes the shake out as it breaks structure, convinces everyone its going much lower, only to reverse it hard and then on to price discovery.
That is what is next for Bitcoin, in my opinion.