Apparently this cycle's supercycloooooor is developing from a theory that corporate bitcoin treasury adoption will somehow break the cycle.
I expect this will be proven to be delusional hopium, like ...
Agreed. Though, I'm of the opinion that a history of 2 or 3 'cycles' is very weak evidence that these cycles actually exist in the first place - beyond just being in response to the overall macro economic factors at the time.
That is, macro economic factors will again turn bearish for bitcoin; and naturally, much of the corporate bitcoin treasuries will be wiped out - with the particularly more heavily levered treasuries taking their respective corporations out with them.
This is isn't really a 'bitcoin' cycle per se - bitcoin is just along for the ride on the macro cycles (which bitcoin is no where near obsoleting).
That is, macro economic factors will again turn bearish for bitcoin; and naturally, much of the corporate bitcoin treasuries will be wiped out - with the particularly more heavily levered treasuries taking their respective corporations out with them.
This is isn't really a 'bitcoin' cycle per se - bitcoin is just along for the ride on the macro cycles (which bitcoin is no where near obsoleting).
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