Is the crypto sentiment turning?

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Is the bear turning now? Does it feel like to you that we're transitioning into a period of apathy before we get to the bull next year?

I don't know about you but I have been feeling slightly positive about the future as of late, and that perhaps is a good sign. I hope, anyway.

It doesn't feel like we are getting slaughtered left, right, and centre anymore and there is definitely a more chill and relaxed atmosphere in our servers, albeit a quiet one.

I'm not entirely sure but perhaps in a few months we might start to see the fair weather peeps rear their heads. You know? The ones that only come out to play when it's not raining, and it sure has been raining for a long time.

I'll not lie and say that this bear has felt natural; it almost seems like there was a heavy amount of manipulation behind the scenes to shake out a more approachable price to buy into crypto with. That mixed with the current state of affairs in the real world it almost seems planned.

But again I better put my tin foil hat away before I get cancelled for being one of those dangerous conspiracy theorists - can't be letting people think for themselves, oh boy, that would be crazy. It reminds me of the old insult, "If you had a brain you would be dangerous" Hah.

Anyway, I'm not sold on the idea that we've still to capitulate to 10k for btc. I don't see it, it feels like the bloodshed is almost over and our community is about to be reborn. You can tell with all the new projects that have been starting on the horizon.

We've seen the @hivedrip project that's just started and has been doing well. I think to date they are well into selling at least 100k hive or near enough. They give out hive and hbd every day, it's quite nice.

Then we have our very own in-house project daily dabs. That's going well too. We've sold well over 80k in product since we started and brofi has just got itself a massive boost because of it. That's run by ourselves and SPI.

If you sit back and watch you should see lots of little projects popping up in the next few months as people begin to get excited and start to build and create for the upcoming bull. I'm feeling quite upbeat about what the future holds for us.

I could be wrong of course. This could be a major false flag of hope just waiting to grind our spirits into the dust -- I know personally there are people holding the bitcoin line at 10k just in case so that they can snap up some of that super cheap btc. But I'm more positive for now.

This month we've seen a "sort of" steady price line, which has kept us all fairly in good health - in all the alts. That means us too on hive. But then we've yet to pass December which is typically known for how gruesome it can get. But we will see!

All in all we (under the BRO umbrella) will still be building and growing, so that should be good. I'm happy and content and looking towards the future.

What about you?

mancave menofcrypto pimp neoxian leofinance hive hive-engine pob archon
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It still feels in limbo and unsure on a number of things. However for companies it seems like they are getting tired of waiting on government regulations and simply moving forward even though the government tries to keep pushing back. I feel in that case it's only a matter of time before it does break out and when it does it's going to blow the socks off of the last bull run. Honestly it might be the last mega bull run we ever see.

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I have the feeling that things have been stable for a few days, such as the hive at 0.29 cents these days. I believe that the time to take advantage is now and I would be very happy if the market turned around only in 2025, because for those who want to grow, another year (2024) in the downturn would be wonderful to achieve big numbers.

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We are in a contracting financial market.
The pieces on the board are moving to eat away the wealth of most average punters.

This means that there is a combined issue;

  1. That there's less "dry powder" to insert into the market
  2. Real Life cost increases means some positions need to extract out of the market.

However, the FIAT machine is wobbly.

So, they need to both "print" FIAT under the guise of "Bond restructures" while also trying to push the CBDC (Central Bank Digital Currecny) in order to bring in an array of "new monetary policies" into action.

It is not all DOOOOM.

People need to find places for opportunity and refuge.
Not all industries suffer during a decline, there are also those who prosper.
That is why there are some market segments that will increase.

In summary, I see that there is currently an oscillating plateau.

My litmus test is my StormGain Trades

(StormGain is a bitcoin dripping app that you click every 3 hours to earn a few cents of BTC. When you accummulate $10, you can Trade them, if you exceed >$50 then you can cashout to actually own that BTC. If you lose $10 then that trade is lost.
Here's my referral if you want to try it https://app.stormgain.com/friend/BNS164507323)

Anyway, I have 2 x Trades happening. One when BTC/USDT was low, and one that was high)

Screenshot_20230924_154623_StormGain.jpg

I've had the total up +$14 or down to the point of losing that top trade.

So, this moment it is sitting at a crossroads, which it has done for months.
Will it drop to close my Trades or rise to let me close with Profit?

It has done neither.

& that is the state of the wrestle between the Bull and the Bear.

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I hope the relative stability in prices to continue for awhile, October may definitely be better than September. I also don't think prices will drop further than they are now but this is the crypto market, the unexpected can always happen.

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