๐ฅ Co-founder Joseph Lubin shared that Ethereum is getting close to some important upgrades.
Soon, different networks (Layer 1 and Layer 2s) will be able to work together much faster and smoother using special technology called ZK proofs.
This means tokens can move between chains almost instantly and safely โ without needing risky bridges. It will connect all the money in the ecosystem in one place, making everything more efficient.
As a result, more complex transactions will happen, which burns more ETH. Big players like traditional finance companies, AI agents, and DeFi apps are expected to use these new features.
Ethereum will win!
Why will Bitcoin RALLY - and then CRASH?
Bitcoin is a USD (DXY)-story. When DXY drops - BTC rallies.
And the DXY is a EURUSD-story. This pair defines the direction of DXY (being 57.6% of the DXY-basket).
BTC has rallied into the spikes in the EURUSD since the beginning of BTC.
See - the long-term chart EURUSD is very clear.
One more SPIKE into the Wedge - before strong reversal and Crash in this pair.
Translated into BTC. Strong rally/bounce - before BTC gets absolutely Crushed under the weight of the USD wrecking Ball as the Deflationary Bust develops.
That is the reason for my BTC Outlook.
Bitcoin possess NO FUNDAMENTAL VALE what-so-ever!
Now watch the BTC Rally setting off soon!
Why will Bitcoin RALLY - and then CRASH?
Bitcoin is a USD (DXY)-story. When DXY drops - BTC rallies.
And the DXY is a EURUSD-story. This pair defines the direction of DXY (being 57.6% of the DXY-basket).
BTC has rallied into the spikes in the EURUSD since the beginning of BTC.
See - the long-term chart EURUSD is very clear.
One more SPIKE into the Wedge - before strong reversal and Crash in this pair.
Translated into BTC. Strong rally/bounce - before BTC gets absolutely Crushed under the weight of the USD wrecking Ball as the Deflationary Bust develops.
That is the reason for my BTC Outlook.
Bitcoin possess NO FUNDAMENTAL VALE what-so-ever!
Now watch the BTC Rally setting off soon!
Mark my words:
The decline in the DXY that is about to set in will trigger a wave of calls that โthe dollar is dying.โ
Despite the current spike, I expect the Dollar Index to reverse sharply lower, and sentiment will swing from dollar strength to dollar doom.
That shift in sentiment will coincide with the final risk-on rally in equities and other risk assetsโjust as the crowd becomes convinced the dollarโs days are numbered.
โฆwhich again will be wrong!
As always, watch what the market does, not what the narrative says.
Hereโs why Silver is down:
Gold and Silver pose a threat to the US Dollar, and any country that doesnโt use the DXY is being targeted.
โDOLLAR DOMINANCE IS ESSENTIALโ