What 4 year cycle believers looking at the monthly MACD and other technical indicators need to understand is that there the current BTC correction is a black swan event. It's much deeper than the other corrections we've had and it's all attributed to the Oct 10th shenanigans and the forced selling aftermath by market makers with deep holes in their balance sheet. We still don't know who they are and what kind of losses they face as a result of what happened on Oct 10th. We don't live in a strictly TA world, we live in a macro/liquidity world and TA indicators can often times be misleading. There are still tons of questions that need to be answered and they will be over time.(Satoshi Flipper)