Another confirmation that everything is going in cycles⬇️

NVDA shares make a quick upward move immediately after Bitcoin's halving, while Bitcoin itself remains sideways. Then NVDA goes sideways, where stock redistribution takes place - "they are bought in anticipation of the release of new mining machines." Then, about 200 days after the halving, Bitcoin surges upwards, creating real euphoria. During this time, NVDA shows good profits from the sale of new devices and makes a climactic upward move. Then, a transition to a bear cycle.

If you look at the chart of Bitcoin and NVDA - May 11, 2020, you can see the logic of what I described.

Then open the chart from April 20, 2024, and compare. Everything is still going exactly as before.

Here, the logic is also preserved: ~500 days before the halving is the bottom of NVDA stocks, ~500 days after is the high of NVDA stocks.

There are also reports circulating that the CEO of NVDA and 8 top managers have started selling their shares. This is also a normal market process. There is quite a high demand for buying shares, which has been created precisely by the release of new mining machines. Investors are expecting good NVDA reports on the sales of these capacities in the fall, so when there are buyers for their positions, why not sell? Large volumes of positions take a long time to be realized. There is nothing extraordinary about this.