on how next BTC bear market downside magnitude: if this time is 'different' (in a good way), i feel like it depends on if the ponzi unwinds via just: 1) zombie btc companies blow up, or also: 2) corporate balance sheet ponzi ends if 2, it'll be horrendous beyond expectation
@cryptoklotz @farokh This was my first thought. My second thought was this is the first bull run where Trump is not only heavily invested but also in a position of power. My final thought: Last cycle? Absolutely not. Devastating drawdown when the bear comes back? Extremely likely.
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