In the next bear market, you may not even get BTC below $100,000.
The structure is changing without you noticing—after ETF inflows, corporate treasury holdings, and quasi-sovereign buyers lock up long-term supply, the “floor” for drawdowns will be raised round after round.
The old kind of bottom-picking window—where the price halves, then halves again—essentially relied on panic selling from retail traders and miners. But their share of the market is declining systematically.
On the other hand: if the bear market’s downside really gets pushed up to around $100,000, then people who are stuck over “buying only if it drops another 20%” are betting on saving a bit of cost, but what they may lose is the entire cycle’s行情. 😋
The structure is changing without you noticing—after ETF inflows, corporate treasury holdings, and quasi-sovereign buyers lock up long-term supply, the “floor” for drawdowns will be raised round after round.
The old kind of bottom-picking window—where the price halves, then halves again—essentially relied on panic selling from retail traders and miners. But their share of the market is declining systematically.
On the other hand: if the bear market’s downside really gets pushed up to around $100,000, then people who are stuck over “buying only if it drops another 20%” are betting on saving a bit of cost, but what they may lose is the entire cycle’s行情. 😋