Part 5/14:
In their exchange, Dan articulates that a supercycle could manifest in either an amazing bullish run—potentially surpassing previous expectations—or a mild downturn marked by less severe declines. He speculates that Bitcoin could potentially hit prices in the range of $1 million, starkly contrasting with the mainstream forecast of $100K–$300K. This shows that a supercycle isn't just about reaching new heights but could also involve a less turbulent, more extended rally that flatlines or grows gradually over a longer period.
Key points about supercycles include:
An accelerated bull run surpassing typical market forecasts.
A less harsh or milder bear market, perhaps with only 30–50% corrections instead of 80%.