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This is the most unexpected outcome.
Everyone is expecting down next, new lows, and the 4 year cycle to play out.
But it is my view that this is what is coming next.
For all the reasons I have covered over the last months, this is what I believe is next.
That this is a very different cycle, because of the overall economic/business/liquidity cycle being different.
I have provided unending pieces of data that backs this up, and this is the hill I will die on.
If/when we reclaim $74k, it will not just be a small bear market rally.
It will be a reclaim of the HTF structure, which will confirm the drop to $60k as a deviation, and confirm the expanded flat pattern that is finalising here.
These are very strong reversal patterns that make new highs in shot order.
We are at crunch time now.
If we make new sustained lows, this will be invalidated.
But as of now, this is still in play, and the next few weeks will show us the way.
I have my positions.
I have my thesis.
And I am ready.