Publishing my first dumb idea. I'm probably not the only one claiming this, but so far it's looking like supercycle theory isn't playing out this time around. This channel would eventually bring us to 53kish to fake out the bulls, before crashing to a bottom between Summer and November while the world falls apart. I wouldn't say 15k is unthinkable, but I'm waiting for at least one more big dump to 30k before I get too excited.
If we go to war with Russia, China invades Taiwan while liquidating all it's US treasuries, credit dries up, the housing market collapses, and food and oil go vertical, then maybe closer to 13.5k. Gotta liquidate something to pay the bills in that scenario and btc is liquid. Good luck out there!
If we go to war with Russia, China invades Taiwan while liquidating all it's US treasuries, credit dries up, the housing market collapses, and food and oil go vertical, then maybe closer to 13.5k. Gotta liquidate something to pay the bills in that scenario and btc is liquid. Good luck out there!