Bitcoins first real stress test, aka. the Minsky moment.
Expect a gradual decline at a -50% pa rate down to 8k by end of 2023 and subsequent range market akin to 2015 just stretched out over 4 years.
New cycle from 2027 on at a 62% annual growth rate
Expect a gradual decline at a -50% pa rate down to 8k by end of 2023 and subsequent range market akin to 2015 just stretched out over 4 years.
New cycle from 2027 on at a 62% annual growth rate
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this is the worst case scenario I can think of, not my base case
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