BTC now closes 8 weeks below the 200 week ma. I commend that it holds that level for so long, but the macro is so ugly right now that crypto has no chance of a rally, let alone a bull market. Next year we might get a repeat of this year in the markets, because US and EU will be in a recession. If you go from maximum liquidity, minimal interest rates to anything else the markets will have to fall. Why would big money buy speculative instruments like BTC if they can create a bond portfolio yielding 8 - 12% a year. One of the reasons crypto went up so much the past 10 years is because everyone was yield starved. I was thinking we might get our classic bottom in crypto at the end of this year but im starting to think 2023 will still be a down year.