Michael Nadeau

And I don't think we're there just yet.

And just because this has happened in the past like this, it doesn't mean it's guaranteed to happen again.

But I would say like for me right now, it's kind of like Bitcoin has to do something different than what it's been doing and what I was forecasting that it would do for me to kind of come out of this stance, this risk-off stance that I'm in.

I'm much more closer to risk on than I have been.

But I'm waiting for Bitcoin to show me.

I'm waiting for it.

I'm going to just watch.

You know, I've got a plan for what I think is going to happen.

Yeah, so definitely still a possibility.

And I would say, you know, where we're at right now, having seen weakness over the last week, you know, probably somewhat locally oversold.

And so I would, you know, I would expect probably a retracement.

I'm not betting on this.

I'm not trying to count trade counter trend rallies or anything, but I think

the odds sort of point to like, okay, we might bounce back up, we might bounce back into the 80s or so.

We were expecting a retracement after we had initially come down, we came down from the highs in October, we came all the way down close to 80.

And I was expecting a move back up to 100.

We got up to 97 or so this was kind of early in January when this happened.

But we got rejected there.

And then we came back into no man's land.

That's where we were last week.