One macro pattern I keep coming back to is what happens after oil tops out.

Historically, when oil spikes and then starts rolling over, $BTC tends to enter its strongest phase.

• 2015 into the next cycle: Bitcoin gained over 12,000%.

• 2020: Nearly 1,600%.

• 2023: Almost 700%.

The returns have been getting smaller each cycle, which is normal as Bitcoin grows into a larger asset.

But let's be honest, 700% is still a massive move.

Personally, I think Bitcoin may see one more pullback before the next major rally begins.

The market usually gives people a reason to doubt before it gives them a reason to believe.

That's why I'm paying close attention to this setup.

#Bitcoin #CMCAgentHub

@CoinMarketCap