Mikli(@CryptoMikli):goodalexander explains why this is the perfect crypto bull market setup “If we can break through $80K on a sustained basis, people on IBIT aren’t underwater anymore. When we were going lower, it could have entered a death spiral. If we broke through $60K, everyone was underwater and felt like idiots.” “Right now we’re in positive reflexivity. People are sidelined. Michael Saylor is fine. Everyone’s tired of it. Nobody’s getting rich. Now we have to print money. G10s are trading like emerging markets, pumping Hyperliquid, loosening SEC regulations.” “This is like a perfect crypto bull market during a point of absolute despair. From a price perspective, I think we’re at a great positive inflection.”

2026.08.21 00:24

goodalexander explains why this is the perfect crypto bull market setup “If we can break through $80K on a sustained basis, people on IBIT aren’t underwater anymore. When we were going lower, it could have entered a death spiral. If we broke through $60K, everyone was underwater and felt like idiots.” “Right now we’re in positive reflexivity. People are sidelined. Michael Saylor is fine. Everyone’s tired of it. Nobody’s getting rich. Now we have to print money. G10s are trading like emerging markets, pumping Hyperliquid, loosening SEC regulations.” “This is like a perfect crypto bull market during a point of absolute despair. From a price perspective, I think we’re at a great positive inflection.”