The crazy part is that it is already down this much. Once MicroStrategy goes tits up, Bitcoin is going to follow the same drop it did once FTX went down for the count in late 2022.
The worst time for Bitcoin valuation is the 4th quarter after its four year pump cycle, which is this year. I usually look for a 70 to 85 percent drop, so $20,000 to $24,000 should be the bottom, unless something drastic happens.
The issue is, that in 2026 and beyond criminals don't need it anymore, they have Tether. Institutional and dumb money don't want it anymore because it doesn't make them money like put and call options do, that's where most of us dumbasses make or lose all our money these days, or prediction markets, and the institutions pay Robinhood to see what we're doing so they can liquidate us and take our money.
Your thoughts in the comments please.
