my fiancée has been asking why i'm not selling here, so i made her this chart to try to explain the big picture. in doing so, it became more and more clear just how little downside there is, even in the bearish case. the more i think about it, the more it validates my decision to double-down on this dip.
was $65k the top? maybe. maybe not. but the more important question is where will the bottom be? probably not all that far from here. yes, this market is mostly speculative, but there is just so much money continuing to pour in, and so many real projects out there doing actual work, innovating and investing in the future.
where will you be in 2024?
(note: the $100k and $500k price labels are simply for frame of reference, not targets)
was $65k the top? maybe. maybe not. but the more important question is where will the bottom be? probably not all that far from here. yes, this market is mostly speculative, but there is just so much money continuing to pour in, and so many real projects out there doing actual work, innovating and investing in the future.
where will you be in 2024?
(note: the $100k and $500k price labels are simply for frame of reference, not targets)
Comment:
correction: *2025*, not 2024. assuming the next bitcoin halving occurs in early 2024, the bull market would likely run into 2025
