Historically the Mayer Multiple 2.4 marks tops. We still early wonder if this cycle we break all the models lol.
Discussion
We’re in a new era, the old era doesn’t matter. These etf flows are nonstop.
Yea its also helps we dont have big people like Sammy boy at FTX and others no longer selling paper bitcoin like last cycle can't imagine what the top of last cycle would of been without all the fraud..... ETF flows sucking up all the supply lately. It definitely changes the paradigm but I have told myself its different multiple cycles eventually it will be right maybe the ETF is it lol.
It will go missing like Trace
Dude owns all the sats I'd go missing too if I were him. Grateful for him though he made me stack like a mad man back in the day. He was my Michael Saylor cycles ago. He played his part just sad last memory everyone has of him was him being greedy shilling a shitcoin out of boredom probably.