Near Term Bearish but Mid to Long Term Bullish

How can both things be true?

When we tagged $108K, then pulled back and re-tested up to $104K, I stated that there was a 65% chance the top was in for the year (2024). I then expected a near term pullback.

The pullback was predicated on:

1) Huge impulse move higher based on election that needed to back-and-fill.

2) Global M2 was turning lower.

3) Dollar strength was increasing and show…