Bitcoin Bottoms Are a Good Start

I think it's a good start. Historically bitcoin bottoms have been a process That's true for a lot of other asset classes as well Um, and if you go back to actually that the earlier part of the discussion talked about liquidity, right? So liquidity conditions all throughout 2022 were worsening based on various ways of measuring it that I've talked about before until we got to around quarter four. At that point the tragic general account was drawing down Which was actually pushing liquidity back into the market offsetting some of the fed quantitative tightening. But once they resolve the debt ceiling You're going to see the treasury almost certainly try to suck back You liquidity out of the market to fill back up his treasury

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