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Here’s your $BTC hopium. I’m by no means a permabull, and not saying history is definitely going to repeat, but it’s worth pointing this out if you subscribe to 4 year cycles. Almost exactly 8 years ago, BTC hit a new ATH, around $8k. It then pulled back just over 30% to around $5500, before going straight parabolic to $20k in December. The alt season that followed in Jan 2019 was legendary. BTC is currently on about a 25% pull back. This is pretty normal to happen multiple times during a bull run. There were doomers all over the timeline then as well. Again, no guarantees and I accept that there’s a possibility that we have topped. But with QT ending soon…I think there is still more gas in the tank.
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