$BTC at $80,142 right now.

4 years ago? $21,153. Scale that trajectory → $104,656.
8 years ago? $6,422. Scale that → $574,988.

We're underperforming the 4-year cycle and way off the 8-year parabola. Either we're late-stage consolidation before the real breakout, or the supercycle thesis is dead.

Historical comps don't guarantee anything, but if you believe in cycles, we're either coiling or broken. Choose your narrative.