Bitcoin technicals are looking like a giant pile of dog crap right now Bearish monthly MACD, trading below 50W EMA, 200D EMA All say BTC and crypto are f*cked for a while Making this one of the most disappointing cycles unless you were hypergambling memes or bought SOL at $8 The market structurally looks toast on the technicals side On the other hand, macro has never looked better Lowering rates, increasing money supply, FED buying back T-Bills, massive stimulus checks coming If you look back, all bear markets started when the Fed changed tone and shifted from massive easing to massive tightening The Fed is once again changing the tone But this time instead of tightening, we're starting to see easing We're now seeing some of the loosest financial conditions we've seen in a long time And they're gonna keep getting looser Both cases are clear, it all comes down to what you believe in and allocating accordingly.(Lark Davis)