Everyone talks about the 4-year cycle 🔥

Very few question whether it still holds. $ACT

📊 Historically:

Bitcoin bottoms during PMI contractions $FORM

• Bitcoin rallies during PMI expansions

⚠️ But right now:

• PMI remains weak

• Liquidity is tight

• Macro stress is everywhere

…and BTC still moved. $GHST

That’s a signal.

Bitcoin may no longer be just cyclical.

It’s beginning to front-run macro recovery.

And if liquidity truly flips, this cycle won’t resemble the old ones.

📈 Smoother.

⏳ Longer.

🌍 More macro-driven.

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