HERE IS WHY I THINK THE BEAR MARKET COULD BE OVER. In March 2023, crypto had been through a 500 day bear market. Specifically for the 5 months between the FTX collapse and March investors hated crypto and the sideways price combined with the FTX fraud label made crypto uninvestable for most. Then , without warning SVB bank collapsed on 10 March 2023. The FED and treasury panicked and actually did very little. They made a few tweaks and they told the market they would backstop and bank collapses. That signalling was enough to start the bull market and Bitcoin did a 5x from there - see the chart below. Scott Bessent is doing the same thing now. A few small tweaks to the buybacks of long dated treasuries but a lot of talk and a strong message to the market that the US treasury is ready to do anything. This is really all the market needs to repeat the playbook. I am max long Bitcoin , crypto, gold and silver.(Ran Neuner)