With BTC reaching above 50k, ICP confirmed a weekly bull-flag and has now made a higher-low above the Summer-2022 highs, confirming a long-term trend shift.
In this analysis I want to talk about potentially the best trade that you can make in the coming bull-cycle. ICP could be making a massive comeback and go back to the ATH values of around 2500$.
Think about it, with the power of social media and influencers, helped by relentless shorting, ICP could be entering some kind of short-squeeze scenario where massive gains can be realized in a short period of time.
Be aware: this is a risky trade with a small chance of success. Still, the potential pay-off makes up for the potential loss.
Happy to hear your thoughts 🙏