⚡️🎙️NEW - "If your business model can’t handle a -80% Bitcoin drawdown, rework your business model right now, because I think we’re getting toward the very shaky ground of the top and the fall from it," says nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpz3mhxue69uhkummnw3ezummcw3ezuer9wcq3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdszspu6e Ammous.

https://blossom.primal.net/2d646c098a5e23375dbe2269aa4c64dc5cd8e0e56ad6f5bf6125ef70ffe5bbfb.mp4

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Discussion

I can respect his cautious sentiment.

Brilliant man.

But everything to me, seems just a slow grind upwards. Chop chop ... with ups and downs but not a blow off top or significant correction.

I'll just stay humble and stack sats about it

He ain’t all that. “I’ve studied other people’s work and they are right”.

Guys like Saifedean are pure signal. They don’t debate the cyclical nature of Bitcoin, because they understand how money is priced. The bear market is probably closer than you think and it’s coming whether you want to believe it or not. If you’re convinced it’s up only from here, you’re probably listening to the wrong people.

nostr:nevent1qqs993s4axqp54sgktxqyl9p0c9wh20u82qfwryu9u9jpryrzsla3tqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgvj0szw

still bearish flag after the 100 MA got rejected yesterday. I'll post an update in the morning. Somehow wiped cookies on that page and need to make a new one.

up or down near term doesn't matter... the 15 year trend is your fren

Not 80% from here. 400K then 80% down.