While everyone is mega bearish (10 on the fear/greed index), I'm going to call for a move back up to USD $50K-$60K BTC in the near future. Not financial advice.
I got out of Luna a couple of weeks ago when I heard that Do Kwon decided to add Alt coins into the Terra/USD mix with BTC. Was fine with BTC, but not Alt coins. Last night when I was watching the market capitulate and could see that Terra/USD was looking very shaky, I woke my son up about 2am to transfer his Terra/USD out of it. He ended up swapping for BTC for just over $44k (AUD). That was a lucky escape. I do think we will have a short lived rally and then a major drop. Don't think will be out of the woods for a while.
ill bet there is no alt season for some time and this ust collapse along with fed rate rises will sink everything into depression.
Just sleight of hand. Alt season has already happened in a lot of ways. People already made unimaginable sums of money on alt coins and their valuations are tremendous. The only thing left was for every average f-face to get rich, which never happens.
Hoping SilverSale is right this time. But history shows that his calls are, on average, not so different to flipping a coin i.e. about the same as the rest of us
The below Index shows that we are at the opposite of Alt Season: According to the index, we had an Alt Season top in May 2021. https://www.blockchaincenter.net/altcoin-season-index/
Doesn’t do us much good lmao. It’ll be the first thing to fall relative to everything else when ever we’re out of this mess
No one knows the top ten alt coins that might survive out of the thousands and the ever pumpers dont know how to read charts and invest on hopium. They all sound like geniuses when its going up but not so smart now are they. Nowadays i unsub from more channels on youtube than i sub to haha. I feel bad for anyone listening to the hodl boys.
Ben Cowen has been holding to a lengthening cycle thesis, which he has just changed to a bear market with 20k probable……..I don’t mind his stuff but just shows no one knows