Patric H. | CryptelligenceX

Data-driven crypto market insights and Bitcoin analysis | Not financial advice

[Patric H. | CryptelligenceX @CryptelligenceX]

Not a bad area to accumulate some $BTC for the long-term bag, imo

There’s solid technical confluence here.

Just gotta accept the risk that it might drop lower after an initial bounce (2022 bear market style).

But with a min. 5-year mindset, these are already good discounts.

[Patric H. | CryptelligenceX @CryptelligenceX]

I have almost zero doubt that $BTC will make a new ATH in the next 5 years.

Prices below $60K are a great opportunity to go discount shopping and accumulate long-term spot bags.

Regarding #Altcoins, I'd be a bit more careful. Many 'crypto' projects will never recover.

[Patric H. | CryptelligenceX @CryptelligenceX]

@sue_xbt Their services got more expensive as well

Is it too late to start a plumbing and electrical services company? 🤔^^

[Patric H. | CryptelligenceX @CryptelligenceX]

@CryptoGirlNova and in some cases, founders refuse to let go and become a cult leader ^^

[Patric H. | CryptelligenceX @CryptelligenceX]

@sue_xbt good point.

[Patric H. | CryptelligenceX @CryptelligenceX]

@jevenjeven30 Ty! 🙏

[Patric H. | CryptelligenceX @CryptelligenceX]

Want to see $BTC holding above the range highs for an attempt to attack the highs at ~$79K.

However, it's worth noting that the $98K aVWAP is a strong opponent to push past.

[Patric H. | CryptelligenceX @CryptelligenceX]

@Dentoshi neither in Germany, but at least we got some good snow this winter :D

and now the sun is shining all the time at least 🌞

the fire horse took over 😂

[Patric H. | CryptelligenceX @CryptelligenceX]

@aw_trades_ it's all a matter of perspective 😄

[Patric H. | CryptelligenceX @CryptelligenceX]

@BillyM2k ... in every crisis, there's opportunity.

Progress is not linear.

Bad times make tough men,
and tough men create good times.

[Patric H. | CryptelligenceX @CryptelligenceX]

@KillaXBT true love

[Patric H. | CryptelligenceX @CryptelligenceX]

@Dentoshi sounds healthy and delicious 😌

gm

[Patric H. | CryptelligenceX @CryptelligenceX]

@BillyM2k seems fair

[Patric H. | CryptelligenceX @CryptelligenceX]

@CryptoGirlNova 👀

[Patric H. | CryptelligenceX @CryptelligenceX]

@SatoshiFlipper judging from sentiment on X and crypto interest on search engines, I feel like we're in the negatives ^^

[Patric H. | CryptelligenceX @CryptelligenceX]

@kieran63963670 agreed

[Patric H. | CryptelligenceX @CryptelligenceX]

People are leaving the crypto industry.

KOLs are pivoting to AI.

#Altcoins are losing their 2022 bear market support levels.

Do you think crypto is cooked for good?

[Patric H. | CryptelligenceX @CryptelligenceX]

@xrpaxelrod do we really have mass adoption by institutions?

[Patric H. | CryptelligenceX @CryptelligenceX]

@dmtvoyager ✍️ burn them all

[Patric H. | CryptelligenceX @CryptelligenceX]

@degendasilva Agreed

People have wildly different opinions currently. There seems to be no "consensus" yet.