Stephan

Recognize, and DCA into BTC with high conviction, based on convergence of loose Fed/Fiscal policies and BTC 4 Year Cycle.

1. Quantitative Tightening Continues
2. Fed funds rate > neutral rate
3. Alt/BTC pairs are off their range lows + BTC.D is strong

Consider: Alt/BTC pairs track Net Liquidity (balance sheets of Central Banks), a strong function of the US $.