Prediction evidence

Bitcoin is on track for its strongest quarter since late 2024, despite rates above 5% and high inflation "Bitcoin is about to close its strongest quarter since late 2024, its first green quarter in quite a long time. And that was while interest rates were soaring and have largely been above 5%. So Bitcoin didn't care about the high inflation numbers, and I don't expect it to pump because of fake low inflation numbers." "As much as I hate to say it, because I was one of those guys who said the cycle is not going to be a thing, that it doesn't matter anymore, it coincidentally topped on the exact day it was supposed to, and it has been in a bear market ever since. Maybe Bitcoin remains a beautifully uncorrelated, idiosyncratic asset that you want in your portfolio precisely because it's not correlated to anything else." "Some days it is correlated, because some days all assets are correlated when they coincidentally move in the same direction, or there's a piece of news that moves them temporarily. But if you zoom out and don't pay attention to the daily moves, Bitcoin is not correlated, and is probably entering its own cycle." "Bitcoin has made a new higher high, is above all meaningful moving averages, and is likely entering a new cycle regardless of what happens in the rest of the economy."