@bytenova
Could BTC crash 65% again like last cycle?
According to CryptoQuant’s Ki Young Ju, it’s unlikely as long as MicroStrategy keeps holding its ~650k BTC stack. With that kind of supply locked up, the market doesn’t have the same conditions that allowed a 2022-style wipeout.
We’re only ~25% off the highs now, and even in a bear case, the more realistic scenario is a wide, choppy range rather than a deep collapse.
For long-term investors, this isn’t a moment to panic. Bitcoin’s liquidity base is stronger than ever, and the long arc still points upward.