UpOnly: Chats with Crypto Experts cover image

Jason from Telegram and Travis Kling talk trading and macro

UpOnly: Chats with Crypto Experts

CHAPTER

Is Bit Coin Going to Do a Cyclical Top?

If we go main stream, if it starts getting fully compared to gold, ah, you're playing that gold ratio all the way up as like gold gets. And in a bear market, your dump is, what, 30, forty %. In a non cyclical top, and ei it maintains its previous macro shifts, you're going to look for a 70 to 80 % drawdown,. at least on bit coin, and no five percent on alt coins. That basically puts, you, if i'm understanding correctly, in suse's definition of the super cycle, being that the big, you know, 80 % a cycle drawdown is not going to occur this round.

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