It's starting to feel like H2 2020 right now.
Solana played out like Chainlink, the early outperforming exception of the last cycle - unfairly sent to the depths of Hades with all the ICO sinners. Both had useful tech growing adoption, big announcements, and a massive repricing to become the early hero of the cycle.
Then came DeFi summer. Goat as YFI, capturing everyone's attention, leading to massive experimentation, new tech, creating an entirely new category. Blow off top for the sector is likely still to come, potentially after CEX listings.
If it were to continue to play out similarly, we're going to see the ETH revenge arc and a biblical BNB run. BNB or that other new exchange with a really fast EVM-based L1.
BITCOIN to CRASH
Bitcoin is stalled short of $100k. That means BTC may crash to $60k.
If and when that happens I will not sell. BTC will be having a sale. I will buy more.
I predict Bitcoin will settle around $250 in 2025.
At this stage of the BTC process… price is not as important..as
how many BTC you acquire.
I want more BTC.
Take care
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