@0xChiefy Indicating exactly 32k as the bottom is not perfect. Why indicate specific numbers? It’s better to choose the right range rather than an exact number and plan to accumulate within that range.
The traditional market probably won't pump now, and Bitcoin tends to correlate with it, so this move is unlikely. The overall situation in crypto isn't good. It's strange to see such a fast upward movement. First, we would need a longer consolidation, so this chart has low probability.
@ShibSpain The question is not if they are ready but if there is enough capital which wants to invest in them. Right now I don’t see it happen. To bring retail into the market we need much more time. Longer movement sideways should happen first
The traditional market is on top right now, along with gold and silver. There should be a drop sooner or later. If there is a crash, Bitcoin will most likely drop too. Bitcoin will probably go up in the long term, so if you're thinking long-term, it's a good idea to start DCA if you're not already in. Going all in now is just stupid.
@cryptofergani If there is a crash almost everything will crash. USD or staying also in some other fiats could be a good idea. Correction on gold and stocks should come and when it comes Bitcoin should also go down as ETFs are traditional buyers. If Bitcoin dips alts will go down too
@Borg_Cryptos This kind of dump for altcoins in top 10 is fine but for alts outside top 10 would mean same numbers as bottom of 2022 bear. Little bit strange
@0xAralez Probably you are right. Interesting fact is that alts in the top 10 didn't drop much and there is plenty of room for them to crash same as for Bitcoin. However, smaller alts crashed massively already. Next 50% crash would lead them to the point there were at the bottom of 2022..
@0xChiefy It's crazy to share predictions without any confirmations of the hypotheses. Almost each post about crypto now doesn't bring any value for readers. It's sad but hope it will change
Kalshi just raised $1B and will also form a partnership with CNN. Its competition with Polymarket looks interesting, and a new player may emerge too. Who will win?