So not to sound bearish (I'm forever a permabull ya'know), but with the hash rate retarget (back to 6/2020 levels) looming, I'm guessing bear whales are going to be FUDing and gunning for a massive "scare the absolute shit out of the n00bs and make them puke their guts out" big dump moment.
If it happens, I'm sure it'll look scary, like a big capitulation, but we all know it will eventually recover. For those want to add to their long positions, it'll be a gift from the Bitcoin godz.
What do you guys think?
#HODLERSUNAFFECTED
In my list of scenarios this one is VERY likely. But I also think it is possible there will be plenty of buyers. It will be interesting to see big money show up, maybe.
In one of my much less likely scenarios a government attempts a hash attack. That's a really small one though.