Anthony Pompliano

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So if we kind of think about where exactly are we in this entire situation, we've got a Bitcoin price that has dropped from $126,000 down to about $75,000, 40% decline.

We know that Bitcoin historically has traded in the exact way it's trading now in bear markets, where you kind of get a decline, then you get some bit of a relief rally, you hit some sort of technical resistance or some sort of issue in market structure, and then you get a lower high over and over again.

One of the ways that this has been described to me in the past that always has resonated, my friend Mark Yusko explains it as, it's kind of like a ball bouncing down a set of stairs.

Every time the ball hits a stair, yeah, sure, it kind of comes up, but it's still going down over time.

And so that kind of bouncing ball down a set of stairs is exactly what you see in the price.

$126,000 top.

Then we went to 108.

We kind of relief rallied, maybe it was like 112.

Then we went down to about 105.

Relief rallied to 108.

Then we went down, you know, sub 100K.

That was just a couple of weeks ago.