Seeing two paths for
BTCUSD
here, if we presume another momentum/hype driven push is on the way. There aren't many fundamental changes possible besides the halving, which matters less and less as the maximum supply draws closer; exponential decay is in play here, and I believe Cathy (
ARKK
) is overestimating the bullish effects of the latest halving. With that said, could still see a move up from here on pure hope & optimism. There is low enough volume and plenty of whales pushing in.
With that said, most the money to be made has already been made and any growth in volatility/volume here would only indicate further that the rally is done. Most cryptos move up on low volume, goes sideways as "dumb" money moves in, and plummets shortly thereafter as "smart" money takes their gains to stabilize away from volatility. Rinse and repeat enough times and you'll be posting Tiktoks about your rented Lambo and selling courses on Discord.
Making money on the move down is always harder, but provides plenty of fun. When your coworkers, family, and friends who know nothing about what "blockchain" means starts pushing crypto to you again, come and say hi again - I plan on buying a Ducati soon ;)
BTCUSD
here, if we presume another momentum/hype driven push is on the way. There aren't many fundamental changes possible besides the halving, which matters less and less as the maximum supply draws closer; exponential decay is in play here, and I believe Cathy (
ARKK
) is overestimating the bullish effects of the latest halving. With that said, could still see a move up from here on pure hope & optimism. There is low enough volume and plenty of whales pushing in. With that said, most the money to be made has already been made and any growth in volatility/volume here would only indicate further that the rally is done. Most cryptos move up on low volume, goes sideways as "dumb" money moves in, and plummets shortly thereafter as "smart" money takes their gains to stabilize away from volatility. Rinse and repeat enough times and you'll be posting Tiktoks about your rented Lambo and selling courses on Discord.
Making money on the move down is always harder, but provides plenty of fun. When your coworkers, family, and friends who know nothing about what "blockchain" means starts pushing crypto to you again, come and say hi again - I plan on buying a Ducati soon ;)