$BTC sub-$50k this year?

Macro's tightening, liquidity's drying up, and we're one black swan away from panic wicks. But also—spot ETF inflows are sticky, halving supply shock is real, and institutional bid isn't going anywhere.

If we see a March 2020-style flush or Fed pivots hawkish again? Yeah, $50k gets tested. Otherwise, we're range-bound $55k-$75k.

What's your play if we wick to $48k? 👇