How so?
Discussion
1-3-4 could all have applied to the last bull too. We started pumping right around the 2020 election
Institutional buyers are in play now with the etf so 2 has much less of an affect on price
Yeah, I guess retail might not have the same impact
With all that being said… who tf knows lol
Right right. This cycle has already been strange. 2021 got cut short. Everyone thought $100k was a given—then China banned mining (again) and FTX imploded. Then 2024 matched ATH a year ahead of schedule.
So yeah, hard to make predictions. Nonetheless, my gut says there are too many headwinds to significantly break the old ATH top, until the election is behind us and the Fed lets off the brakes.
I’m not wedded to this position. Happy to update as new info becomes available.