Unless…supercycle.
Discussion
Well, at least one cycle out from that
BRICS nations have begun mining on an industrial scale, and Trump will unleash the full force of American energy production, to maintain the dominant, hash rate
The supercycle will have people abandoning Fiat globally and we’re not there yet
95% of me agrees with you that 70 will be the bottom in 2026-2027
5% of me says price won’t come down that low IF the US start a strategic reserve
It’s certainly possible the cycles break and a new trajectory takes shape
The past is no guarantee of future performance but I’m bullish as F 🚀