Alts look heavy but BTC is Not dropping
The point is when you think about shorting Alts is the moment BTC starts pumping 😂
back to the era of 2017, I could not imagine how BTC volatility is even lower than stock market.
ETF has changed the game.
In last summer BTC moved in range 55k-70k but tech coins still dropped 80%
after 6 months, BTC is still around 60-70k but many tech projects could not recover.
Total production cost includes ( Cost of wood material + Warehouse + labor + ... etc) is much more than 6$, probably at 10$
Читать полностью…Do you know where is resistance in parabolic trend ?
It's your mindset, which is trained in sideway/bear market.
There are always new narratives with high volatility with strong trending to make money
Читать полностью…BTC now is ETF asset with global liquidity.
Imagine BTC moves like SPX or Nasdaq Index (super cycle)
Market sentiment is divided in 2 parts
one side looking for target 100k
Other looking for bear target 50k
Max pain is BTC keeps in range 62k-72k till the end of 2024.
Just Trade meme