Here is some free Hopium for you all. I know the bears are all waiting for the crypto winter but what if our new bottom is 30k BTC? When there are enough holders and longer term investors that we never drop below 30k again. Imagine we run to 100k from here then the big sell off happens and we end up bottoming at 30k? It would seem devastating if you bought at 100k but not today. So just think this might actually be close to the bottom.
A 70% drop in BTC would completely destroy small caps and would signal the start of the bear market. It is funny though how with a small slice of perspective this doesnt seem so bad as long as your not out here buying tops you will be okay. Or you can wait out the bear and still be okay.
I strongly believe without some cataclysmic event BTC would struggle to get back into the 20k zone.
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