Bitcoin only recently crossed the trillion dollar marketcap threshold.

Only recently have publicly traded companies begun adding it to their balance sheets.

Have you looked at the numbers started to be purchased by the likes of Grayscale, Tesla, Microstrategy, etc.? They're buying more than is being issued.

This is the first time in history, unlike any of the previous bull markets where there is a liquidity crisis - not of the sort that caused the crashes you mentioned (low liquidity). It's the opposite. This time the issue is there are large sums of money that want to get in, but are unable to.

Of course I have to cash out in some capacity at times to operate in society - for now. Some good reading that may give you an idea on why I convert all of my profits and regular earnings INTO btc though: https://unchained-capital.com/blog/bitcoin-is-the-great-definancialization/

as market capitalization rises, volatility decreases. chart since inception: https://i.postimg.cc/PxCcXCL8/download.png

Bitcoin only recently crossed the trillion dollar marketcap threshold.

Only recently have publicly traded companies begun adding it to their balance sheets.

Have you looked at the numbers started to be purchased by the likes of Grayscale, Tesla, Microstrategy, etc.? They're buying more than is being issued.

This is the first time in history, unlike any of the previous bull markets where there is a liquidity crisis - not of the sort that caused the crashes you mentioned (low liquidity). It's the opposite. This time the issue is there are large sums of money that want to get in, but are unable to.

Of course I have to cash out in some capacity at times to operate in society - for now. Some good reading that may give you an idea on why I convert all of my profits and regular earnings INTO btc though: https://unchained-capital.com/blog/bitcoin-is-the-great-definancialization/