Potential scenario. Consensus opinion is ~$250k top. “Diminishing returns confirmed.” OGs, whales, funds starting trimming in that range. Yet price keeps climbing into the selling. Then something unpredictable happens that triggers a huge jump upwards. Those same trimmers FOMO back in, run towards 7 figures and beyond.
Discussion
I’ve been giving this cycle a lot of thought and my gut is telling me something similar.
If we know about the cycle, institutions know about the cycle. Just by looking at charts and previous performance it’s pretty easy to see the previous trends.
There’s a lot of people who have played the cycles and a lot who are looking to play the cycle swing, they will probably look to take profits in late Q3 or Q4. I have a hunch this is when large buyers will start buying from weak hands. From there, what you’re saying potentially happens.
Supercycle?
Would be lovely.
Struggle to see how we hit 200 at this rate, the manipulation is just relentless. Like clockwork every day on US market open bang down we go, just like gold