Everyone’s still talking about $BTC’s “4 year cycle” like it’s the law. But Bitcoin trades the business cycle more than it trades a halving cycle.. At the last cycle peaks, ISM Manufacturing PMI was: 2013: 57.0 2017: 59.7 2021: 61.1 Today: ~47.9. Above 50 is considered expansion territory. If the halving is your only framework, you’re reacting.. aka already late. Follow the real liquidity. 2026 about to be way more asymmetric than people are pricing.