@elonmusk Whatโs going to happen when they are running on solar powered servers in space? How do we unplug it if it goes rogue? Feels like the literal definition of SkyNetโฆ
The price action since October has been objectively terrible and in the last 2 months has been surprisingly positive (given headline risk) leading to opening of a number of positions in crypto and crypto related equities.
I believe we will continue to see higher crypto prices in the coming months with a strong potential to see 100k+ $BTC again this cycle.
Dip buying is a go right now.
This cycle has so far played out extremely similar to that of 2020-2021 when it comes to BTC price action and the buying pressure from ETFโs, @saylor and literal countries has only pushed it further.
2020 was the first time we really saw public companies and entities piling in ( $TSLA, $MSTR, $PYPL, etc), this cycle has been a continuation but magnitudes greater.
Back on track, Bitcoin peak to trough was a straight shot down ~52%โฆ nearly identical to the mid run drawdown in 21โ.
Assuming we (humanity) donโt nuke ourselves into the ground or start World War 3 then we are going higher.
Buckle Up.