Following up on this...

Would be nice if #BTC just gave us a normal right-translated cycle.

But to make sure we avoid tunnel vision, #QQQ topped 54 weeks after that ETF launched, and got a correction starting week 55.

#BTC ETF launched 55 weeks ago (and BTC just put in a new ATH in week 54).

Clearly these analog comparisons usually fail, but the general idea was that we could reach at least a short-term top around January 20th due to euphoria around the new administration leading to deregulation and Gary Gensler resigning.

We also have former self-proclaimed "BTC maxis" launching memecoins so perhaps the market needs to get those guys back in line.
#BTC #QQQ #BTC