Michael Nadeau

And this is why you get that like sort of bouncy ball action where you come down, you bounce up,

But you just can't get back to where you were previously because there's too many weak hands and the market structure is too lopsided.

And that just kind of goes on for a little while until you ultimately get to like where the selling activity has been exhausted in the market.

And that's a lot of instinct.

We're looking at a lot of this data to like, you know, identify that.

Um, but that's kind of where I'm at right now.

You know, if you're, if you're, you're not in this every, every day studying this and you're just, you just, you think like you want to hold this for 10 years, like these are probably great.

These are great levels.

Like you could probably just buy here and be fine.

So I think it's up to personal preferences.

What, what I, um, sort of anchor to myself is,

is that if you might be close to a really good buying opportunity, but if you drop another 20%, 25% or so, that can be pretty meaningful if you're going to allocate quite a bit and hold that for a long period of time.

So that can be meaningful.

But if you're not trying to play it cute, these are pretty decent entries, I would say, for long-term investors.

Yeah.

So, um, very much a long, long-term bull, you know, my thesis is that we'll see, you know, Bitcoin over, over a million dollars.

Um, and yeah, where do we go next cycle?

Um, I haven't, haven't done the work just yet to kind of put that out there.

I don't want to put anything out there just yet, but, um, I'd certainly think we're going to see all time highs, you know, for, for crypto and any of the assets that we think are here to stay.

We, we,