#BTC is perfectly healthy against the S&P500
When the Macro-Risk was turning in 2016 & 2020 BTC vs S&P500 was down -40% & -33% at those times
Currently as the the same turn is occurring for the first time since 2020 BTC/S&P500 is only down 7% from the prior high that is aligned with the Macro-Risk high which occurred in 2021 as shown by Copper/Gold, PMI, RUSSEL/S&P500, RUSSELL/NASDAQ
BTC got ahead of itself the past few years and outperformed during a period where historically it did not have success in the past as shown below (2014-2016 & 2018-2020 and now 2022-2026)
Now its finally getting the favorable conditions that it experienced in 2016-2017 and 2020-2021 for the first time since then
This favors that BTC is set to have its real bull run over the coming years and is perfectly healthy against the S&P500 despite it not appearing so on the surface - It got far ahead of where it should have been and now has returned back to the appropriate position and arguably even still better positioned than where it was the prior two times as these shifts occurred in 2016 and 2020 as its down much less than those times currently
This also applies to #ETH and the rest of the #Crypto market; the position of BTC Dominance, Altcoin Dominance, ETHBTC are identical to where they were in 2016 & 2020
Stay zoomed out as this will take multiple years to play out (due to the macro risk cycle extending in time) but the most bullish period is ahead and its all positioned appropriately as it was in 2016 & 2020

ETHActivation price $1,567.01Direction LongType DirectionalTimeframe Long
Max Favorable +15.4%Max Adverse −3.5%ACTIVE
#BTC is perfectly healthy against the S&P500
When the Macro-Risk was turning in 2016 & 2020 BTC vs S&P500 was down -40% & -33% at those times
Currently as the the same turn is occurring for the first time since 2020 BTC/S&P500 is only down 7% from the prior high that is aligned with the Macro-Risk high which occurred in 2021 as shown by Copper/Gold, PMI, RUSSEL/S&P500, RUSSELL/NASDAQ
BTC got ahead of itself the past few years and outperformed during a period where historically it did not have success in the past as shown below (2014-2016 & 2018-2020 and now 2022-2026)
Now its finally getting the favorable conditions that it experienced in 2016-2017 and 2020-2021 for the first time since then
This favors that BTC is set to have its real bull run over the coming years and is perfectly healthy against the S&P500 despite it not appearing so on the surface - It got far ahead of where it should have been and now has returned back to the appropriate position and arguably even still better positioned than where it was the prior two times as these shifts occurred in 2016 and 2020 as its down much less than those times currently
This also applies to #ETH and the rest of the #Crypto market; the position of BTC Dominance, Altcoin Dominance, ETHBTC are identical to where they were in 2016 & 2020
Stay zoomed out as this will take multiple years to play out (due to the macro risk cycle extending in time) but the most bullish period is ahead and its all positioned appropriately as it was in 2016 & 2020

BTCActivation price $59,580Direction LongType DirectionalTimeframe Long
Max Favorable +6.5%Max Adverse −3.0%ACTIVE
#BTC Dominance is in Complacency
When BTC rises over the coming years it will do so alongside Dominance dropping
Completely different dynamics compared to 2018 or 2022 due to Macro Cycle lengthening in time https://t.co/yXbOEq4Trf
BTCActivation price $59,329.16Direction LongType DirectionalTimeframe Long
Max Favorable +7.0%Max Adverse −2.6%ACTIVE
#BTC when this cross has taken place three prior times the drawdown was 96%-100% complete
This next cross will take place on the new monthly candle open in July https://t.co/ZHOsZZ2n1T
BTCActivation price $64,186.06Direction LongType DirectionalTimeframe Mid
Max Favorable +2.2%Max Adverse −9.9%ACTIVE
#BTC at worst there is a sweep of the lows similar to the April 2025 parabola break but anything deeper unlikely at least for a few months https://t.co/tAJJevvoKq
BTCActivation price $65,847.99Direction ShortType DirectionalTimeframe Mid
Max Favorable +12.2%Max Adverse −0.9%ACTIVE