I think the majority of us still classify cryptocurrency cycles as bullish and bearish over the past 4 years, when in fact, the cycles are more comparative to bearish and more bearish in my opinion.

I personally think the whole cryptocurrency thing is over, but I think Bitcoin still has a few 500% plus pumps left in it before it finally stays flat or goes down slowly for the next 20 years or so.

My next bet is not if, but when MicroStrategy now Strategy collapses once Bitcoin goes down to a certain threshold, and they can no longer pay the bills they promised to investors. Think FTX, but a 2026 or 2027 version of it.

Once this transpires, expect Bitcoin to go down to around $15,000 to possibly even $10,000 per coin.

When it does happen, I think buying here and riding it back up to $100,000 over the next 3 to 4 years and then selling would be the optimal move in my unprofessional opinion.

What do you think will happen?

submitted by /u/Ryanopoly [link] [comments]r/CryptoCurrencyRead More

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