We will crash for sure
Discussion
What %
A guess.... 40-60% maybe 70% but that would depend on how high we go
I don’t see anything over 50%
They new buyers are not retail investors that will panic sell or shave some off the top to buy a lambo. Corporations will keep buying until retail is out of coins to sell.
I also don’t think we will go past 220k unless the US government announces they started actively buying
So sell stock in the BTC companies at those kind of levels?
It’s tricky because stocks don’t always pump or peak when Bitcoin pumps/peaks.
Best to buy what you want to hold medium to long term. You get the big gains in BTC terms when you hold long term, as we have seen with MSTR absolutely crushing BTC since 2020.
Keep in mind that leveraged institutions like hedge funds get margin called all the time. Most sell their treasuries, liquid assets, stocks, gold, and now Bitcoin imagine when they hold much more Bitcoin and need to sell it to cover their gambling mistakes
Oooof
I see reasons to suspect bear markets are a thing of the past. I also see a potential for a mstr margin call.
Buy sats, wait and see.
There is zero chance there aren't bear markets. That would be the first time in any asset or commodity or money in the history of the world. Perhaps not 80%, but there will be a deleveraging and then some somewhere.
Even those are often made worse by meddling.
Sure slower and faster economic periods exist. 80% crash like clockwork isn't sustainable to build a global economy around.
Yeah, you can no true Scotsman all day. At some point what we all think of as a bitcoin bear has to end or we will fail.
I don't see why it has to end? Did oil fail? Look at the past 80 years in oil prices. It looks like Bitcoin, 😂
Oil didn't have alternatives that 90+% of people think work better to overthrow during that time.
Sorry, I'm not sure I follow. What does an alternative have to do with anything? There is no alternative to Bitcoin, nor oil, so I'm confused.
If not oil, Then look at copper, or gold, or silicone, or any currency against another. Look at stocks and indexes and funds, and so forth. There are always bear markets. Sometimes supply and demand of a good, products, money supply, or even new supply, etc ..
Captured market which Bitcoin doesn't have. Far easier to use dollars than to give up oil even today.
All of those numbers are markets manipulated by subsidies measured against a ruler that keeps changing length.
There really is nothing like Bitcoin. It should in theory behave like a measure of total human productivity, but that means different movements against different products just like steaks went up while TVs went down against the dollar.
Perhaps in 100 years, but certainly not in my lifetime.