not even trying to fudge around or sound like an alarmist - NO i don't think we'll have a -70% nuke like BTC did for COVID - the biggest disaster style event to hit markets.

Can we have a crash though? Or a sustained downtrend till Nov election? yes.

Can we go to $40k (y/o)? Possible.

What could cause this kind of volatility? 
- external event (war escalation)
- fear/risk of recession (real or not)
- black swan, big going under, P/E news scaring markets etc
- crypto isolated - eigen or something stupid or fud

or im totally wrong and dumb for mentioning this. i just wanted to point this out as a precaution as I feel sentiment feels uncertain, complacent in new bull starting etc.

fwiw - im mostly still spot long in many assets. from memes, tao, few majors. am thinking it'll be wise to put on this kind of hedge short on BTC at least though. 

not financial advice. not trying to be an alarmist or anything. just posting because my intuition says so.

microsub.

Husband. Foodie. Ex Antennae Ventures. Dog lover!