The good
Decreasing interest rates will increase liquidity on a macro level which in turn will drive demand for assets
The bad
The 50 Day SMA peaked over 2 months ago.
Full day of trading below the 200 Day SMA.
4 Month downtrend shows no signs of abating.
Death Cross looking to arrive before Christmas.
No new "story" to garner interest from retail.
Bitcoin Treasury Companies are running GSBAM playbook
Synopsis
This may be a good area to buy if something is gonna turn it around.
On the 4 year / 47 month cycle the ship has sailed and looking for a bottom in early 2027.
58K is definitely in play and we'll see how that bet turns out over the course of the next 14 months.

