During the first bull cycle, there seemed to be a double top where the price went from teens to breaking a 100 and then it pumped to breaking a 1000 all within a year. With the new players in this space, ie institutions and possible sovereign nations, I could see this double push in this cycle. Take a closer look at that first bull run and lmk what you think.
"Yes, I am aware that I will probably choke on those words when and if these models break down."
With this in now in the rear-view mirror, how cautious should we be about everyone projecting $100-150K BTC, post halving?
great work Frank!
157 years!! Lol.
During the first bull cycle, there seemed to be a double top where the price went from teens to breaking a 100 and then it pumped to breaking a 1000 all within a year. With the new players in this space, ie institutions and possible sovereign nations, I could see this double push in this cycle. Take a closer look at that first bull run and lmk what you think.
Thanks for the nice article. I enjoyed it!
Thanks, Frank. Always wanted to read Meditations myself.