$BTC sitting at $69,307 right now.

If we scaled the 4-year-ago bottom ($21,146) to today's cycle structure → we'd be at $104,621.

If we scaled the 8-year-ago bottom ($6,261) → $560,573.

We're still early in this macro cycle. The lengthening cycle theory is real, but the upside asymmetry hasn't disappeared. Just compressed.

Don't get shaken out by noise. Zoom out.