If you are right, then supercycle is very very far away still. But if you are right about this, then where will the open interest be at those prices? It is already below the summer highs.
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Looks like a bottom to me. I bet on 21k before the ETFs for a bottom. What was your target?
Just want to compare our biases.
I do not do TA. Also bitcoin being 58k forever has little to do with the price, it's a meme. Early January I dared people to take my even odds proposition: bitcoin to dip 40% at any point this cycle measured from ATH. People claimed bitcoin won't dip this hard since the smart money are in. Unfortunately, nobody took my bet, which is asafd thing for trash talk, bitcoin education and probably democracy. 🤭
^which is a sad thing 🐸