BitcoinLong
Medium-term expectations
Zoomed out
So, sideways/up... ish.
Leveraged trading will continue to show minimal profits for a minority of traders. A majority of traders will be eaten alive by bad trades and fees through February. We might start to see volatility pick up in the second quarter next year.
We're going to test long-term support in a slow and methodical way while conventional finance has time to spin up their operations in this sector.
So, sideways/up... ish.
Leveraged trading will continue to show minimal profits for a minority of traders. A majority of traders will be eaten alive by bad trades and fees through February. We might start to see volatility pick up in the second quarter next year.
We're going to test long-term support in a slow and methodical way while conventional finance has time to spin up their operations in this sector.
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