Just like this previous bull market was far different than the ones before, so shall the this bear market.
Something to ponder as we enter another week as you map out your allocation strategy. For me, this means a less steep drop on
$BTC (-60% puts us right at $50K per coin) which seems like a fair assumption.
It also means a shorter bearish phase, and more time spent rounding out, and a slower return to new highs. We are past the point of parabolic moves in Bitcoin, in my view, this means we get more technically correct price action going forward.
Leg up, pullback, leg up, pullback.
Thinking