if you are feeling bad about price action read this:
2.7% CPI inflation (very close to fed target rate)
4.25%-4.5% base rate (loads of dry powder to lower)
pro-crypto US President (never been seen before)
pro-crypto SEC (never been seen before)
BTC + ETH ETFs
DATs
crypto to be included in 401Ks
US no longer selling its bitcoin
US announced strategic bitcoin reserve
US might actually buy bitcoin
which would mean every other sovereign state would FOMO
despite all of the above
significant majority of all individuals, institutions and sovereigns in the world do NOT own ANY crypto and are significantly underexposed
in an environment
where the entire industry is structurally changing
and crypto is becoming widely accepted as a real asset class
do not fumble your bags on short-term price action
given the above, I no longer believe in the 4-year cycle theory and we have the strongest fundamental backdrop we have literally ever seen
have some patience, zoom out. chill.
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