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We can’t be in denial any longer. Things are different now. The plumbing is different now. Vol may spike a little bit later in the year, but I’m struggling to see anything resembling a previous cycle. The data is in; we have to adjust our expectations and forecast accordingly.

ryanjordan 5mo ago

Agreed, this already has been the worst performing bull market in Bitcoin’s history. Things will either get extremely over heated towards the end of the year or big money has zapped volatility. Another possibility is this thing just continues to grind up and to the left, lulling retail to sleep.

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Discussion

DRE 5mo ago

I think we are in for a boring ride to $1M

DRE 5mo ago

The days of 10-20X in a year are long gone. Heck, 5X years may be a thing of the past too. A 3X in a year seems like as high as we will see moving forward. I’m happy to be wrong.