Thanks for the flowers!

Imo the Classic 4-year-cycle is dead. I know a lot of people, that have been here for some years still believe in it but the market has changed. Todays buyers are not retail anymore, its mainly institutionals like Banks, Universities, Pension Funds or Family Offices. They are not selling for a 30 or 40% profit, they invest because they believe BTC to go 5-10x in the coming years.

Imo we will see Drops again but not bloody 80% capitulations, those people begin to buy more before that.

So to sum it up: Bear markets Yes but 12-18 months winters with -80% selloffs: No.

What about you?