This chart is all you need to know.

Data is the most important factor for me when it comes to investments into #Altcoins & #Bitcoin.

In this case;

- The 2W RSI is the lowest since previous bear market bottoms.

- This aligns with the lowest point in the business cycle.

As a matter of fact, the current status of the business cycle is the lowest it has been since the existence of Bitcoin.

Yet, Bitcoin is moving at $70,000-80,000. Higher than the all-time high in 2021.

Big parties are buying positions within the asset as they know what's going to come: a big bull market.

The only reason that Bitcoin has been trending up this much is the influx of the ETF.

That's great. That shows how strong the market really is.

The second important factor is the recent run of Gold.

The fact that we've seen such a tremendous rally has shown how much of an upside we're likely going to get for #Bitcoin, as the two follow each other in their pattern.

If Gold moves first, Bitcoin moves second.

The chart also tells a different story: The 4-year cycle is dead and investing into crypto is going to be incredibly complicated if you're impatient.

However, impatient investors will never generate a return and if you're seeking for a large return in these markets, you'll need to be patient.

The patient people will be rewarded.

Ultimately, it's a 2-Week candle pattern, which means that reversals take time.

Bitcoin can stall at these levels for a longer period of time, but given the fact that the markets have seen such a big selloff taking place and markets are going lower on volatility, I would assume that we're going to get a strong move in the coming weeks.

$BTC $ETH $BNB #HarvardAddsETHExposure #VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine