The crypto market is boring.
Bitcoin is still yet to break the $73K mark.
But, if you zoom out, $BTC was worth $25,000 a year ago.
We're still up 136% from last year.
There is currently over $6 Trillion of cash sitting in money market funds - DOUBLE the 30 year average - awaiting to be invested as soon as clear guidance emerges. And I bet it's all being educated on #Bitcoin right now in the background. Almost time to cook some bears.
๐ Ethereum is facing bearish signals, with its price dipping below the key 200-day moving average.
Despite a $26.7 million inflow on Aug. 1, from spot Ethereum ETFs, ETH has declined 10% since their approval.
#Bitcoin is going to $100,000.
$ETH is going to $10,000.
$SOL is going to $1,000.
Altcoins will follow suit and explode.
It's just a matter of time.
Until then, keep calm and hold tight.