The market makers will not allow this to rip until everyone has stopped anticipating the move. They’ll keep going after long leverage to buy cheaper sats to dump on FOMO at the the next ATH.
Discussion
Sounds possible.
Still, I think the bottom is in.
I certainly hope so given the inflation adjusted 2021 ATH is ~83k. We’re sorta losing the store of value bullet along with the “no one has ever lost money holding 4 years”. Some KOLs are already adjusting that goal post to 10 years.