No major crash is coming from these levels, we're barely above production cost and only 25% above my calculated trend line. 2017 we reached 10x the trend line before crashing back to it. 2021 we reached 6x twice, both before and after the China ban on mining cut the network in half mid bull run and shifted the trend like itself 73%.

Selling everything in May would be a very bad move. Never sell everything. If you're going to sell, wait until Q4 and see if we're above $500k before selling half your stack to buy back in a year after the peak.

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I miss remembered. We reached 6x production cost in 2017, 13.5x the trend line. 2021 we reached 3x production cost twice and about 10x my calculated adjusted trend line after the mining ban. Currently at 1.25x the trend line. No major crash coming as far as I can see.