What I realized the other day is there is a five year window of buyers whose cost basis was .00036$ to 200$ from 2009 to 2013. Compared to the institutional buyers moving markets today, Their cost basis was extremely small and they control a majority of supply. I still think the four year cycle is valid, And we are due for a major correction, Maybe after one more all time high, But people like the Winklevoss twins were in way before BlackRock and these are the kind of people who determine the tops and bottoms.
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