Interesting structure change. This is Macro Cycle Risk (published on @bitcoinvirus Lite, coming soon to Substack). It models BTC's liquidity, we're late cycle. Dips in risk are areas of new found liquidity, often a prelude to break new highs. It's dipping right now!
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Is Super Orange Coin forming a market double top? VERY UNLIKELY Liquidity powering BTC is rising, hence risk of a bear market is dropping.
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The biggest fintech opportunity in the next decade is not DeFi. It's the merger of BTC + TradFi. 2014: Tether was the first. It'll be make more money than the top 5 banks put together in 10 years. 2020: MSTR became next. 700x growth in 5.5 years so far. More incoming...
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