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Liquidity is the only thing that matters.
Bitcoin follows liquidity.
Every single bull cycle has begun with GLI(Global Liquidity Index) breaking to new highs and continuing much higher, leading to a large and explosive bull cycle close.
Every single time GLI has broken into new highs it has lasted 2 years.
And the GLI only broke to new highs back in March.
After expanding for two years, it eventually contracts, and as you can also see, this is when bear markets actually happen.
So, therefore, If you are betting on a deep bear market, you are betting against the one thing that Bitcoin respects more than anything else.
Liquidity.
This is a cyclical process that won't just stop.
Liquidity wont just start contracting here all of a sudden... it literally can't.
Global liquidity has only just begun truly expanding again and history shows us very clearly what that means.
It does not need over complicating.
Higher.