There is no debate now.

Bitcoin is in a structural downtrend, which confirms what I was saying in November, when I publicly stated that it entered a statistical downtrend.

Yes, there's a difference.

Structure = structure.

Statistical = moving averages, oscillators, etc.

Now that we've invalidated the Nov.'25 and Apr.'25 lows, there is no longer a debate about what kind of market environment we're in.

And what I know is this...

Calling for bottoms in a bear market is a fool's errand.

It's also why I don't try to call tops during a bull market.

Investors can't consistently make money that way, which is why it's way more powerful to identify trend and exploit the trend until it ends, either structurally or statistically.

Thanks for your attention to this matter.

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