BTC's Cycle So Far 👇 This cycle has been incredibly steady. This is thanks to a maturing and growing market and also the consistent institutional bid from Saylor, ETFs & Treasury Companies. When asked 2-3 years ago, my base case for this cycle has been to reach 120K-150K. We hit the lower limit of that price region which is already great. Keep in mind, when I said this, price was 15K-20K so don't go and say I'm a bear here (because I'm not). I will not tie myself to my own estimate from 2-3 years back. We will see where we go this year. What happens from here on out will be anyone's guess honestly. I will remain bullish until the larger timeframe trend shifts or we go through some euphoria phase where it's clear that the market is overheating rapidly. Fact is, this market likes to do the craziest things towards its later stage of the cycle. In 2017, people were thinking 10K was the absolute peak. But when it broke, it took just 6 days to reach 20K. Obviously that cycle was pretty crazy and the market was much smaller. But it does show you that when you do hit that peak euphoria, the sky is the limit. It's also why I swear by scaling out on the way up and scaling in on the way down. You will never consistently time a top or bottom and by scaling in and out you will get a solid average price which you can be happy about and keep your emotions out of it.(Daan Crypto Trades)