After further analysis thanks to Baseline, it's clear that the Bull cycle is ready for action. This idea amends my previous idea of a continued Bear market, linked below: Don't Forget the Big Picture).
Simple reminder of the big picture.
Implies this market cycle is unfolding much slower than the previous one.
The possibility remains that BTC could be following a Bullish pattern similar to NASDAQ circa 2001 - see linked chart.
Impending Captain 'M'arvel crash. SPX will bomb like the impending similarly-titled movie, potentially together. A large Thanos H&S pattern has been thwarted from crashing the SPX by Fib-Avengers since ~2009. However, the Fib-Avengers work will be undone by a Capt 'M'arvel H&S pattern that will crash the SPX towards 2000. Fortunately, at least the SPX will not...
Chart mainly speaks for itself.
Price dropped below rising wedge channel, and is testing support as resistance. Rising wedges are an absolutely bearish pattern, regardless that this wedge isn’t particularly robust. So, price could continue sideways for a bit, but long term will remain bearish.
Where could the money fueling this extended Bull be coming from?
18 Dec: Massive BTC sell off begins
05 Feb: When a BTC ABC correction would have ended
02 Apr: Clear indication BTC is further dropping
15 Oct: Anomalous BTC price spike (USDT) many consider as manipulation, followed by further dropping
24 Dec: First weekday after government shutdown began.