RE: Bears at the Door: A Week of Fear in the Markets
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My trade now on ETH is just a relatively short term spot trade but I also hold more ETH for long term, I think it might surprise you where it will go after Btc blasts through 200k, slows down and money starts to flow in to other assets
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Bitcoin isn’t going to 200K this cycle. We have a chance at one last leg up and it won’t be above 150K. Now though I’d guess the top is in at 126K, gone it 60/40 odds, but cycle still fully in play, if we don’t get a leg up by feb or if we go below 70K earlier , it’s quite obvious the top was in at 126K. ones thing is certain though, 200K will break but not this cycle. Late 2028- early 2030 area.
The reason I say even if we get a December or Jan let up higher it won’t be 200K is because it’s quite obvious. We will not break the October high by 50% or so In this drying up market. 150K possible if we do see a last leg up.
I know we haven’t interacted b4 so I might sound cocky or something. Totally not, I simply have predicted crypto market exactly since 2020. Check out any of my 2024 market vlogs here on Hive, I said Hive was king to dime even while Bitcoin well above 2021 highs around 100K , and that alt season would be canceled , that call got me a lot of hate here on Hive but I call it like I see it! I said the big top tiers would likely barely break ATH’s but many alt coins would move down in bitcoin bull market this time. Unfortunately for me people don’t like truth, they like boom boom up up up talk only 🤣. But thanks to my conviction, I sold 20K Hive in January for .50 cents and bought a bunch back last weeks for .1025 cents 😁
Feel free to scroll back to January to see me powering down and moving funds off chain when we were above .40 and did two power downs above .57. It’s all recorded on chain. I’m not magic, I just look and look and spot trends and look daily since 2013 and picked up patterns. 2021 was peak all sky coins go up with Bitcoin and the signal of ridiculous was clear calling it last cycle that would happen for a majority of them. A few exceptions but overall alt coins didn’t participate. The ones that did largely didn’t touch ATH but did go above 2022 bottom, unfortunately Hive was obviously not going to be one of them.
!PIZZA !ALIVE
Wow what a great reply, you did well when you were correct 👌with institutional money coming in more and more and countries starting to make strategic BTC reserves 1 million is a question of time also because the USD keeps getting printed more and more so the run for hard assets will get bigger.
Truth is, me being spot on for a few years could just me I’m due for a loosing streak 🤣
But I think the argument for the cycle system totally ending due to these large scale organizations holding and offering instruments in bitcoin, is just as much a risk because some of them collapsing can be the next cycles FTX or MT Gox excuse to dump. Micro Strategy for example. I’m not predicting it fails anytime soon, just saying it could be used to go other way too. We shall see but I’m betting we definitely see the 4 year cycle continue and will see some changes say timing wise or other details and we would need to see a cycle have smaller changes like a transition before declaring no more cycles as we knew them 2009-2025 or maybe 2009-2022 if this bull year does change, but so far Bitcoin is spot on following cycle structure. The 2022 bottom came 12 months after top instead of 18 months like two previous cycles , likely FTX blowing up moved that sooner and it wasn’t a big cycle change but even if so it would be a timing change not a major break down in cycle all together.
I appreciate your takes! I look forward to chatting and seeing how it all goes down! But I believe we definitely see bitcoin go to 50K’s during 2026/2027. Maybe even 40K’s keeping with previous cycle bear markets but maybe less big % wise, like 60% instead of 75% or 80%. We shall see 👍
!LADY !PIZZA !ALIVE
Sent you a Bonus Tip!
Cheers!