$BTC, my take on the market cycle chart
Gun to my head, I'd probably say we're in the Denial phase
Don't think anyone would be panicking unless $btc broke below $30k - hence why I think Panic would be <$30k, w/ Capitulation following right after (into low $20ks maybe?)
$STX still only $2b market cap
It can comfortably hit ATHS ($3~/$5b market cap) relative to other L1/L2 valuations
Especially when you take into account that it’s got **the strongest** narrative going for it compared to the rest ( $BTC ETF, halvening, etc)
$STX/USD #stx
Considering #stacks as a beta-play going into the etf, bitcoin halvening, etc
Also considering #eth social dominance is currently at a relative low w/ competitor chains outperforming, it also benefits from being apart of that "basket" too
Currently $1.5b mc
Prediction #6: NFT activity will rebound to an all-time high with Ethereum leading and Bitcoin gaining traction via the Ordinals protocol, shifting the ETH-to-BTC NFT issuance ratio to 3-1 by the end of 2024.
$STX/USD #stx
Considering #stacks as a beta-play going into the etf, bitcoin halvening, etc
Also considering #eth social dominance is currently at a relative low w/ competitor chains outperforming, it also benefits from being apart of that "basket" too
Currently $1.5b mc
$ETH/ $BTC #ethereum#bitcoin
If we sweep blue (bear market lows), in-line with #btc hitting that $48k-$53k region,
I'd strongly consider TPing my $20k spot bags fully into #eth
https://t.co/Yhi9G6xSHG
$ETH/ $BTC #ethereum#bitcoin
Either of these 2 scenarios kickstarts #eth outperformance
-> Reclaim range support @ 0.056~
-> Sweep bear market lows @ 0.049~
$BTC #btc#bitcoin
Don't really see where the $40k targets are coming from
A break above $32.5k~ should trigger a move towards $48k-$50k~
(so long as we remain above $32.5k~)
Thinking something like this👇👇👇
$CLSK #clsk#cleanspark
Fundamentally undervalued #bitcoin miner stock (as covered by @edgeville)
Looking for $7-$7.5~ from here
Flip of that sends it to $14~ rather quickly
$ETH/ $BTC #ethereum#bitcoin
Either of these 2 scenarios kickstarts #eth outperformance
-> Reclaim range support @ 0.056~
-> Sweep bear market lows @ 0.049~
$CLSK #clsk#cleanspark
Fundamentally undervalued #bitcoin miner stock (as covered by @edgeville)
Looking for $7-$7.5~ from here
Flip of that sends it to $14~ rather quickly
Additional reasoning, $COIN is once again breaking out after a failed breakdown (bullish)
Nearing the 3rd revisit of those range highs @ $115~, I think it's likely to breakout towards $150+
In which case, thinking attention in crypto stocks probably pick up again
Ideal time to start loading up on #bitcoin miner stocks
Especially w/ how they're looking, thinking they can pull a few multiples going into the Halvening
$RIOT $MARA $CLSK