The weekly candle for Bitcoin will close in 3 days.

This time is really crucial—we are exactly at the 50-week SMA position, this line is the dividing line.

Now there are two viewpoints:

- The classic 4-year cycle believers, who think history will repeat itself.

- The extended cycle believers, who think the 4-year cycle is outdated.

Both sides have their arguments.

No one knows what the outcome will be, but I still think this is an extended cycle.

However, this week's close is very worth paying attention to.

If we close below the 50-week SMA, the situation could become complicated. $ETH $BTC $SOL #隐私币生态普涨