I’ve been engineering in the industry for 13 years now. Every time it swings down it is declared dead. I'm not saying its dead (even if I see no value in crypto myself). I'm pointing out that the main behavior that Bitcoin is suppose to have, strength against collapsing fiat currency, is absent. At a time when the formula should have Bitcoin shining and rising, its instead falling like a rock far worse than equities which can be quite volatile themselves. It is going higher. It’s stuck in this odd 4-year cycle. Gets a bit flatter every time, but still swings pretty hard! I had just been introduced to this 4 year cycle theory in the past couple of weeks. An issue with it is that the predicted 4 year decline should have happened in 2026, but instead it was in Oct 2025. Its early this time. Or said another way: the 4 year cycle theory isn't holding anymore.