$BTC pumped 20% off the lows after getting nuked 50% from October highs.
Bullish case: Leverage wiped, Treasury bond chaos pushing capital into hard assets like gold and $BTC.
Bearish case: We're still in a 4-year cycle drawdown. Sharp bounces in bear markets are textbook traps. One green week doesn't flip a year-long bleed.
Real question: Is this the next cycle kickoff or just another dead cat?
Next few months will show if we're back or just coping.
Bullish case: Leverage wiped, Treasury bond chaos pushing capital into hard assets like gold and $BTC.
Bearish case: We're still in a 4-year cycle drawdown. Sharp bounces in bear markets are textbook traps. One green week doesn't flip a year-long bleed.
Real question: Is this the next cycle kickoff or just another dead cat?
Next few months will show if we're back or just coping.
