He didn’t call for a blow-off top though.

Either way, going from 200k to 500k in a few weeks and coming back down to 200k over the course of 2-3 months and then continuing to carry on like we did between January and now is not winter.

Winter implies going back down to ~$70k or lower and taking multiple years to get back to the previous ATH. He doesn’t see that happening. I don’t see that happening.

Something resembling the price action we’ve had over the last 16 months is most likely.