For some reason it seems group thinkers are convinced this time will be less dramatic than 2020. They think a 5x is impossible. They think long term holders will lead to reduced volatility…
They are in for just as big of a shock as supply. 😉
Long term holders don’t care about helping volatility. Long term holders, well at least the smart ones, won’t sell just because #Bitcoin is overvalued in the current cycle. As it’s still severely undervalued when you look at future cycles.
I think long term holders will be indifferent to fiat price volatility because they realize 1 #BTC = 1 #BTC.
I’m still expecting something more dramatic than 2020. Something so dramatic we invalidate the presumption of Diminishing returns and all other models. I would not be surprised if S2F seems to get re-validated, PlanB’s background was more associated with institutional investors than emotion filled retail investors.
Emotions are hard to quantify; I assume the institutions are bringing NONE. They won’t get shaken out, and they won’t stop. In fact they will start to increase their recommended allocations…
I haven’t seen any evidence that this cycle is going to be smaller than the last. Why is everyone acting like this time will be the same WHEN ITS ALREADY DIFFERENT (ATH before halving)
“Meh, meh, meh, priced in” 🤡
SHUT YOUR FACE. Normies have barely started asking about it unless I bring it up. “$70k?!😧😰”
ETFs haven’t even started pushing/soliciting yet. What we have seen is interested clients gaining exposure. We haven’t seen all the sheeple who will invest in #Bitcoin because daddy Fink says so.
Sheeple might be sheep, but their pockets are deep.
You will find me anywhere but the sidelines.
