"Uno de los argumentos de por qué el ciclo de cuatro años se está rompiendo es que el mercado de valores sigue alcanzando nuevos máximos históricos. Pero se podría refutar fácilmente señalando que en 2018 el mercado de valores realmente alcanzó máximos históricos y Bitcoin aun así bajó." "One of the arguments as to why the four-year cycle is breaking is that the stock market keeps putting in new all-time highs. But you could easily refute that by noting that in 2018 the stock market actually put in all-time highs and Bitcoin still went down."
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… do that, and there's always a chance that I'm wrong about this being a bear market rally. But I have to ask myself, is this time really different? Or is it just doing the same thing that it always does where it draws people back in over a long enough period of time to make them think it's different but then it ends up actually not being different. One of the arguments as to why the four-year cycle is breaking is that the stock market keeps putting in new all-time highs. But you could easily refute that by noting that in 2018 the stock market actually put in all-time highs and Bitcoin still went down. And in fact, it was an early correction in the stock market that led to Bitcoin's first drop to 6K and it was a second correction in the stock market in the second half of the midterm year that led to a subsequent drop by Bitcoin. Now if you look at this cycle, you can see that Bitcoin's first drop corresponded to a drop in the S&P 500. So perhaps …
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