This cycle hits hard. #itssoover
Discussion
Itβs just different
Might be better. No huge run up and crash
The run up is just as important as the massive dump.
Started at close to ATH. Every other cycle was 50% or less. If you take into account the front running it's like being at 200K. Still lower, but on trend.
Trend intact?
NFI, definitely flatter draw down. Can't see anyone big loosing their pants. But with gold roaring the central banks need to balance defending the dollar and not crashing the economy. Everyone is rushing to gold anticipating rate cuts. Speculators need to get liquidated. I think it will be hard to get enough dollars to stack for a while until something breaks and they are forced to change. How long? IDK, feels hard already.
This price action makes absolutely no sense. I think the ETFs are not buying real Bitcoin and neither is Saylor, apparently.