Replying to Avatar Humble Bitcoiner

Here are my thoughts on this cycle

Retail won’t come

They will look at BTC above 100k and say “nah that’s way to expensive I’m too late! I rather buy 1 million of bigtittie tokens”

Institutions and nations will drive this cycle and we won’t ever see -85% drawdowns anymore
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Bauzen 1y ago

I believe we’ll see a 75 to 80% drawdown if/when A very big player like Coinbase gets rugged

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Humble Bitcoiner 1y ago

Oh yeah that’s a good one! I’ll be ready to scoop some more sats if that happens

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Bauzen 1y ago

Next massive drawdown, I’ll take my entire Roth IRA, all my 401(k)’s, ape into MSTR and XBIT.

I have to keep the cash I have left for my little girl, she arrives In a month!

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Zach⚡️ 1y ago

We didn't even get 80% last time after FTX, Celcius, Luna, Fed rate hikes, and futures manipulation.

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Bauzen 1y ago

We had a 70 K high, followed by a 15 K low

79%