I think we probably have like 20% downside left to go on corn (probably more for alts by extension)
Everyone gets insane Saylor derangement syndrome, declares the industry over, the eulogies get published, we bottom around 50k
BTC likely still gets outperformed by the AI cycle names in the medium/long term because it's a more compelling, real narrative nowadays, but buying BTC in the 50ks I think will be a decent financial outcome if you're just patient and don't lever yourself up like a bone head
The question you have to ask yourself is the usual, "Is this time actually different?". Is BTC dead for good and never going to make a new all-time high again?
The game has certainly changed because of AI and the plethora of other attractive places you can put your dollars to work, but I still tend to think this time is indeed not different and BTC will eventually go back up.
Source, I made it up
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