Tradefi is rotating money between $GOLD and $BTC. Phase 1: - Gold consolidated right below ATH in 2023. - Bitcoin broke the 30k resistance after the rumor of spot ETF slowly became official news. Then had a great rally to break 2021 ATH and only topped at 75k. - Gold started moving right above 2020 ATH right when BTC peaked. Then rallied multiple weeks to 2.7k. - BTC entered one of the most choppy periods. There was a time I thought we really topped there. Lucky we are not. Phase 2: - Right when Gold faced selling pressure around 2.7k, BTC woke up and slowly climbed up, then broke out of the 75k high right after TRUMP won the presidency. - When everyone thought BTC was starting the real supercycle with the most bullish US president ever, BTC entered another choppy mode after reaching 110k. People started calling the cycle top. - Meanwhile Gold slowly ran up, pumping almost 40% in 4 months. Phase 3: - Gold looks toppy after reaching 3.5k, and high chance it is going to enter another 3-6 months choppy period. - BTC, on the other hand, was waking up. Especially showing relative strength against US equity recently. And just like that, we started trading at 90k+ in no time. BTC 150k by July? And after that, another rotation phrase or we enter the DOOM DAY PERIOD?