Every cycle is the same.
Yes, crypto could bounce. And honestly, it would be great for sentiment if it could. But even if it does, it would most likely result in a macro lower high.
I don't try and time those bounces. I have tried before with mixed levels of success. Sometimes it works, other times I got rekt.
When BTC drops below the 50W moving average, it then goes to the 100W moving average, spends a little time there, then goes to the 200W moving average.
Every cycle is eventually the same.
BTC topped when it always does (Q4 of the post-halving year), and so many have spent so many hours trying to convince you that it has not.
And BTC entered into a bear market, and so many have tried to get you to believe that alt season is "just around the corner" because it always happens after BTC tops. What they fail to account for is social interest. After the 2019 top there was also no rotation into altcoins, which also occurred just before QT ended.
I track the social interest in the asset class, and it has been trending down since 2021. There is no one new here for people to sell their altcoins to.
Alt seasons historically occur *after* social interest has been trending up for a year, not after it has been trending down for 5 years.
Have an actual plan on navigating this brutal asset class. Because if the altcoins you hold drop another 50%-80% from here, not a single influencer who promoted them will express an ounce of regret for it. And you will simply be living with the consequences.
I get a lot of hate for saying the truth, but an inconvenient truth is better than a lie.
Decision time for $BTC! Can the bulls reclaim the weekly open, or will the bears push it back down to $117,000?
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As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of https://t.co/FQ3MIG381f.
My current morning routine:
1. Wake up
3. Check if family and friends in Ukraine are alive
4. Read the 1000+ news updates on my phone
5. Check how close the explosions are to my family
6. Continue to feel helpless for the remainder of the day
#UkraineRussianWar#ukraine#Kyiv
Please welcome Co-Founder of 88rising and East West Ventures
@jaesonma to the Fortune Friends Club! Jaeson is building
@OP3Nworld_ a NFT gated platform for creators & fans in web3.
Give a follow & stay tuned for upcoming collaborations w/ FFC!🙏🔥
@NFTverse_ discord changed so much after all the announcements, public mint was done in 3 seconds after people paid huge for gas. Project sounded really good though and all of this should have been brought up sooner - I am new to this, and it is very frustrating. Was recommended by so many.
@KarafuruNft guys help, cannot join discord, a lot of people banned because no profile pic, but then even when you have one for days now - keeps saying unable to join😢