I am price bearish for the next 10-30 years. For the first 15, we dealt with speculative bubbles on a new asset, which lined up with human psychology and wild risk, these boom busts made a certain kind of sense.
Now we see major hints that bitcoin concentration is dominated by countries and corporations and the lizard people at the helm are ruthless. They'd crash their home state economy fully to force every pleb into a selling position if it means they start the game over with 0.1% more bitcoin in their pocket.
One antidote for this is a massive, fast (like 1-5 year time frame) pleb & normie rotation out of tradfi into bitcoin self custody, which comes with it's own economic crash. I don't think that's going to happen with the current levels of algorithmic bread & circus, personally. Could be wrong.
