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#699 Bitcoin On-chain Metrics w/ Dylan LeClair

The Pomp Podcast

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Bicoin

In 20 17, we saw a number of 20, 30 % drawdowns as it went from a thousand to 20 thousand. Usually those weren't considered any sort of like cyclical bear markets. But just with the way bicoin trades in this kind of parabolic manner, because of the supply and demand dynamics,. And then you layer on top the derivatives, rightke? It kind of makes this complex market structure that is naturally pretty cyclical. So that's what you're gong to see. I don't think biccoin won't go straighti to the right. Volatilitys is the price you pay for these immense ns, these once in a lifetime peck returns

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