Last BTC ATH Oct 2025 was 126k.
70% drop = 38k
65% drop = 44k
2021 cycle drawdown was 77%
2017 cycle drawdown was 84%
2013 cycle drawdown was 88%
Currently we’ve only had a 50% draw down which is too shallow for a risk asset like BTC, this I think will be the drawdown in future cycles not this one
If the next cycle peak in 2029 is ~190k and then a 60% drawdown occurs that will bring it to 76k
There’s no point buying BTC at this price as the risk to reward isn’t worth it.
If BTC gets to ~180k in 2029 then that’s only a bit more than a 2x return over ~3 years.
Better off buying gold or waiting for BTC to drop to a reasonable price 40-50k
@AdrianoFeria Hi @AdrianoFeria, I’ve been a long time follower. I strongly believe in ETH, BTC and Sol as all being relevant and instrumental in the future.
Why are you so ETH maxi only?..
@Investanswers 1. Most taxes
2. Marriage (the fact it’s a binding agreement between you, your partner AND the government)
3. The values they teach in western schools
4. Gender ‘equality’, including how women in tennis get paid as much as men when they play less games and bring less audience
@RaoulGMI@RaoulGMI China’s not playing ball, they haven’t answered his phone calls and they’re not scared of tariffs, things could get worse if China goes fwd with export controls on their monopoly of rare earth minerals, don’t you think?
@investanswers China’s not playing ball, they haven’t answered his phone calls and they’re not scared of tariffs, things could get worse if China goes fwd with export controls on their monopoly of rare earth minerals, don’t you think?
@etherealcapital@jdorman81 I’d have to go back to my country and work who knows how many more years to get back there and pay taxes. I didn’t like my work, I was free until a few days ago, I fucked it up. You don’t think time timed cautious leverage trading isn’t an answer?
@etherealcapital@jdorman81 with 10% of that. The income opportunity loss is huge if I hadn’t made the loss. I have to accept it and cautiously recoup even half over time and live with the mistake. It’s hard