Part 4/18:
The speaker discusses how recent market anomalies—such as the all-time high being reached before the halving—could indicate an earlier onset of the manic phase, traditionally observed at the cycle's midpoint. This could mean the ultimate top might appear sooner than previously anticipated, potentially in Q1 of 2025 instead of later. The overall consensus is that proximity to the next halving, combined with ongoing macro factors, suggests we should be prepared for a more rapid acceleration.