What if 80% bear markets are a thing of the past?
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I hope we then have 79% bear markets.
Same, but on payday only.
Than we have a lot angry bears 🐻 Who lost their capital.
I think this time is different with different kind of holders. We will not go in a straight line up but dips will be bought faster up.
If the top of this cycle gets to 500k, a drop of 80% will bring us back to 100k as bearmarket bottom.
Would not surprise me if the bearmarket bottom next cycle would be 75k-ish…
We get the “bear” market bitcoiners deserve.
Those draw downs are the consequence of “bitcoiners” playing shitcoin fiat games.
I like to think as bitcoin matures so will its holders.
But #freedom
So we will see
I’m down for whatever the ride brings.
Even if it’s to zero.
It’s worth the shot