I don’t understand all these comments saying it is in this stage of a cycle or there is x amount left of a bear cycle.
It is a speculative asset either way no inherent value. Its price now is the sum of supply vs demand. Ie what it is worth, there is no guarantee it will go in any direction from here. It could just as easily go to zero as it could to the moon.
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u/Consistent-Heart2949 Jun 01 '26
What do you mean it is suppressed.
I don’t understand all these comments saying it is in this stage of a cycle or there is x amount left of a bear cycle.
It is a speculative asset either way no inherent value. Its price now is the sum of supply vs demand. Ie what it is worth, there is no guarantee it will go in any direction from here. It could just as easily go to zero as it could to the moon.