The kickoff today on the markets isn't entirely a shock. 

- #Bitcoin has a tremendous amount of inflow in the ETF.
- Job Openings (first datapoint) were the worst since April '21. 

That last one is a marketmover for Yields. If unemployment and labor markets become weaker --> Yields start to fall --> DeFi picks up --> $ETH picks up --> #Altcoins start to flourish and it's the bigtype of bull cycle that we are all looking for.

Technically, that's what we're already seeing today and that's why the reversal is happening. 

It's all depending on macroeconomic data and that shows that we're at the stage of becoming a mature asset class for crypto.

Massive, relatively unlimited, upside is going to be here and most people can't even phantom how much that is.

Good times.
#Bitcoin