Everyone is all excited about the ETF's while completely forgetting were in a recession thats going to get a lot worse. All these people screaming bull markets back have been destroyed in the bear buying tops and holding bags. These people are not crypto natives, but rather trend followers. I've since closed my ETH long and will patiently wait for the blood. When...
The Link/ETH pair is currently in an oversold position and is due for a rally. The long-term trend remains bullish. This presents a great opportunity to buy the dip and capitalize on the upcoming rally as the market sentiment shifts. Furthermore, the fundamentals of the Chainlink project continue to be strong, with partnerships and collaborations being announced...
BTC dominance has been consolidating for a while. I expect BTC dominance to tick up in the near term and dominate throughout 2023.
Bitcoin is the reserve currency of the crypto economy. ETH is amazing but has many competitors and unresolved and potentially unresolvable issues. Money will start flowing from Alts into Bitcoin at some point. Most notable issues surround Alts being deemed securities and airdrop token scams. Bitcoins creator is unknown for good reason. Unlike ETH Vitalik holds the...
Indicators signaling bottom. Next run I expect a test of 42k, then a pullback to the mid 20k levels. Until the next catalyst presents itself for a run to surpass all time highs. The FED is running out of cards to play and what they're doing is clearly not working. It seems they only priced out homebuyers. While Food and energy continue to soar. From my...
Bitcoin has been massively oversold for awhile. Financial weaponization continues most recently with Chase bank parting ways with Kanye. The ethos of bitcoin never changed.
The BNB hack is just the start now the shit show moved to ETH grab the popcorn. Bitcoin is to crypto as USD is to the world currencies.
ETH looking to test the $2500 resistance. I expect a fairly large pull back once that target is reached. I'm expecting this to happen within the coming months. Regardless of what the FED does the culture of uncensored money remains unchanged. This will become more important as governments become more authoritarian. A specific example was the Canadian trucker...