Because that was the end of our 3rd wave and the start of our 4th wave, which was a mid cycle top, not the end of a 5th wave/actual cycle top (what we are getting now). It’s vindicating to see my thesis play out now in real time after getting so much shit for saying that 2021 was not our cycle top. The strength with which we rallied off 15k in a clean impulse to new ATH before the halving and 100k+ is proof of this. Took a bit longer than expected but that simply means this final 5th wave will be even stronger than initially expected as well 😤 * BTC chart below shared in 2022 *