Precious cycles we saw a speculative boom pre halving, followed by a slump, then the madness each time as the actual effect of the halving kicked in. This time *may* be different. At the absolute least these various funds have reason to cushion the market against down turns. There's also so much misallocated funding swishing around in the global economy right now that is desperately searching for a safe haven. I'm normally fairly conservative with my estimates...this time I feel we may see continued growth over a much longer period but at a pace which will slow after the impact of the halving has filtered through.