Retail Traders Are Waking Up | Here’s How to Spot the Signs

13 nov.

Why Are Our Parents Texting Us About Bitcoin? It’s Getting Weird

Thanks to crypto,now I know my entire extended family and even my ancestors!
Some of them hadn’t spoken to me in a thousand years, but now they’re calling me “Bruh”
(And no, I’m not a vampire, by the way!)

Here’s why I think a retail fueled wave might be about to hit the crypto market

1/ A spike in Google searches for "crypto"

2/ Coinbase App Store rankings

The Coinbase app just shot up from #155 to #18 in two days

3/ Dogecoin and Squirrel on the rise

Retail traders have a soft spot for Doge , Cardano and memecoins.

Guess which top 10 tokens surged the most in the last week? bunch of retail traders who’ve held DOGE and ADA since the last bull run are probably getting alerts that their investments are bouncing back.(That’s one way to grab their attention)

4/ Bitcoin featured on Bloomberg's front page

Mainstream news = mainstream visibility = more pump = more lambo!

5/ Texts from our parents ( Are you winning son? )

The unique skill of being both endearing and critical at once a true dad specialty

6/ Ronald McDonald has joined the chat…

McDonald's just teased a new collaboration with Doodles (yes, the NFT project). It kicked off last week…Now, any one of these signs might not mean much alone
But taken together, they start to tell a different story.

Falling air pressure, strengthening winds, darkening skies… it looks like a retail storm might be on the horizon..Brace yourselves! The good news? This time might not be different.

Earlier in the year, there was concern about a potential “left translated cycle.”

(Translation: crypto prices rising faster than expected).
At first, that sounds great! (Who wouldn’t want a quicker path to wealth?)
But the catch is, the shorter the window for prices to peak, the harder it is to time safely
(you’d have days instead of weeks or months to sell near the top)

When Bitcoin reached all time highs ahead of the halving in March (a first), many traders started feeling “left-translated” jitters. If we stay on this track and hit the same average returns as the past three halving years, we could be looking at a ~$ 126k Bitcoin by year’s end!

Here’s hoping this time really isn’t different! BTC just hit a new ATH again!! STOP