AI is still hot and so is Bittensor TAO as one of the biggest winners since 2023. Also – as of now – the Inauguration seems to trigger a little Mania. Thats why I think this Cup and Handle Pattern will play out soonish.
But first we retest that trendline. Giving us a brief window for risk on. Maybe even until Q1 2025. Hopefully. (I'm biased)
CRYPTOCAP:OTHERS on the verge of a breakout into a potentially dizzying rallye. Probably cut short tho some time around Q1 2025. Still enough time to make it – LFG!
CXs conservative target is about $200k. (right now). But the consensus is always wrong. Last cycle everybody was sure about 100k (minimum). What did we get? 69k. So 69% lower than expected. (nice). I unironically think that that's a good metric for estimating tops in crypto. So 69% of 200k would put us at around $138k. Talks about "Supercycle",...