I believe we're witnessing the final multi-week consolidation before the final leg. My two primary macro indicators suggest a peak in September/October. - The 4-year cycle indicates a top on October 20th, if we do exactly copy the previous two cycles bull run duration, though a few weeks' deviation is more than likely. - Global M2, three months forward, peaks on September 23rd with current data. In past cycles, BTC topped before the liquidity cycle peak, never after, (though correlation is much higher this cycle than in the past). Suggesting that liquidity could spike up again thereafter, but still indicates a monthly top for risk assets around that time. The final confluence I’m monitoring is the Pi cycle top, which suggests significant price appreciation for $BTC, based on the gap between the 111 DMA and 350 DMA. Last cycle, this indicator was off timing-wise but accurate price-wise.
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