Bitcoin is 30% off the highs and the sentiment is as bad as when we were 75% off the highs in 2022.
This is the first “institutional era” bear market and it’s a total joke.
Historical drawdowns are no more.
I’m buying here — this is about as cheap as it’ll get.
While everyone is being kept busy with crypto FUD, inflation, recession, unemployment & other distractions, the only thing that really matters isn't even talked about in our circles: the global money supply. It bottomed in November and now continues to grow higher.