Bitcoin Cycles Explained...

USD tops at red bar tops.
(not even red yet)

Impulse tops at blue signal tops.
(last cycle only one where red and blue were different - why most alts topped May 2021)

Bear market while red bars decline.
(ends when bars go green)

Bull market ramp while bars green.
(still here - longest ever)

Bull market goes parabolic when bars flip red.
(hasn't even started)

Red bar profile determines bull market profile.
(2013 "double-pump", 2017 smooth parabola, 2021 rounded top)

Not the halving. Not the narratives. The business cycle is all you've ever needed to describe every aspect of the Bitcoin cycle.