I’m a perma-bull and you can’t even imagine what I think. Extending the comparison, it took Bitcoin just over 2.5 years to go from 15k to 125k. “The amount of dollars needed is way higher” is a mid-curve take. Price is set at the margin and you don’t need any specific amount of dollars to move price. Just more buyers than sellers.

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Very naive take. You do realize that as the price increases the less volatile it becomes, right? I've been in btc a lot longer seen the big bull runs and we aren't having them. Sure we will have some run ups, some nice short squeezes but it's going to be more gradual. Retail isn't coming back like in the past, they have the ETF's. Just look at the recent 80,000 btc that were sold that barely affected the price. That eould have been very different even a year ago. But hey go ahead and live in your fantasy land, that's fine 👍