Evey new ATH is weaker than the previous one.

BTCUSD
Hello fellow traders.


This is Bitcoin Monthly Chart
One thing I notice about bitcoin is Although all the crypto, metaverse and defi hype, all new ATH waves push less than previous one.
Evey new Macro leg is smaller and weaker.

This could be a sign of weakness. This is monthly chart so a bearish scenario playing would mean years of bear market.

I am not calling a doom scenario, but chart is pretty clear.

Lets see how this will play out. Keep Safe