the daily close yesterday was already lower
i think we are going lower maybe 70k
Discussion
You're literally calling for the cycle to be over. 🫠
NO, i am not
its just a short term pullback
dont put words into my mouth plz
after this pullback the price will reach ATH
in summer or earlier, is my guess
You're calling for a 36% drawdown. That hasn't happened post-halving since the 2015-2017 cycle (2x during the tail end of the parabola). 🧐
With the uptick in adoption/education/accumulation since then, the macro exchange supply drying up (for the first time ever) & institutional rails fully in place, a 36% drawdown would be a catastrophic event that probably wouldn't stop there & we'd more than likely get a China mining ban level of correction, which would kill the momentum enough to stunt the cycle like 2020 (since we'd waste time recovering). 💁♂️
You may not realize it, but you are indeed calling for the cycle to essentially be over if you actually think $70K is in play. 🤷♂️
We bounce here or die, fam. 🤙
we both cant look into the future
its just opinions or probabilities
if your world is over after a 36% drop
i think you have to adjust what COULD happen
maybe you will just be ending up selling the 70k low
which i dont recommend
you should keep buying sats at this levels
I also think the bottom of this correction is not in yet. Maybe we even visit the 60s again. But afterwards new ATHs.
Bruh. 🫠
Being more bearish than nostr:nprofile1qqsq2adlq0pxrsv4pqy5mmefe22r5k43frz0wmphnzj9hwc3v23ts7gpr3mhxue69uhkcatwvd5xymmc9eekzmnywa5kx6pwveshymgpp4mhxue69uhkummn9ekx7mqsvuu5d calling for $70K is CRAZY work. 🤙
🫣😅