Lucas M on Nostr: I hope you're right about that target. When it comes to these "prophets", i think ...

I hope you're right about that target.

When it comes to these "prophets", i think they're still a bit too used to dealing with fiat stores of value like stocks and minerals, where low volatility usually meant moderate returns over a long time span (5+ years), whereas high volatility usually meant high returns in a relatively short timeframe. I think they're noticing bitcoins decrease in volatility and are taking that as a traditionally negative signal (which is incorrect, imo) for its future price action.

Yep, they'll realize soon enough that cycles don't exist anymore. Especially since adoption rate, at an individual level, is increasing meanwhile fewer and fewer are selling.

This is going to be a loooong bull market.