generally am of the opinion that it is natural to have pullbacks in a bull market. would be silly to think things go up and to the right forever without corrections.

that being said - this time i actually do think it is over for real. the talk about how we were actually entering a supercycle this time because of the "infinite passive tradfi bid" was a clear top indicator. remember -- this time is never different.

the next time the bitcoin price starts with a 1, it will be in the 10,000s. hope you guys took profits.

Founder, designer, & product guy at /basepaint and /eigenlayer

I think 4-8 months, basically until Q4.25, we've pulled a lot of gains forward in time w/ the election but I do think there's still a lot of pent up demand that's about to get released w/ clear regulatory normalcy and a sympathetic US admin.

All bets are off if greater systemic instability (tariffs, war, etc)