I still think that there are too many people that have bought in low, or mined early, that are looking to dump too many. All of us too, who bought bitcoin at 3k, 11k, 24k... once we hit $350K, will be very tempted to sell... Once that downward pressure hits, institutions that bought in at $300K might hit the panic button. It very well may be less volatile, but I think there will be a top, and a considerable sell off... maybe not the 80% that is past-programmed... but I cannot see it holding. These institutions are going to learn in 2022 what I learned in 2018... you'd better be ready to take profits, or hold your bags until the next halving.

Nice article... I enjoyed it.