Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
disagreeAlthough I'm a stats guy ( crypto and sports), if you just glance the top 10 cap cryptos, zooming in or zooming out, they all look like they peaked and are ready to crash !
eth/BTC has bottomed
your sentiment and fear mirrors much of crypto Twitter, meaning likely the opposite will happen
it's because people got heavy into alts way too early...people were calling for alt season in the summer of 2024, lol , a year+ early
then a lot were expecting alt season starting dec/Jan , mirroring the 2021 cycle, but we're following more the 2017 cycle where BTCs rise has been relatively orderly and alts didn't really have their moment until the last quarter of the 4th yr
so, still going by my thesis...q1 /q2 tease, q3 correction/consolidation, and q4 blow off top (true alt season)
if true alt season comes in Q1/q2 (meaning eth makes a new ATH and blows passed it), I'm sure the masses wouldn't mind that either ...in this case,this would still be a left-translated cycle
We'll see... 60 day cycle is ending next week, next few weeks should see the next leg up. Once it consolidates, I'm cashing out all BTC. Then alts. I may buy back in after the correction in the summer.
Every time we've rallied so far, something has shot it down (deep seek, inflation, trade war, bybit hack, etc). Right now is a good risk/reward ratio. I see the next leg up being somewhere between 120-130k.
There's no better feeling than seeing Bitcoin surge and watching those huge green candles day after day. Very exciting and satisfying. Makes these long waiting times worth it.
The fact that we've been sideways at under 100k is just their way of torturing us even more.
The fact that we've been sideways at under 100k is just their way of torturing us even more.
M2 Global Growth vs Bitcoin: Insights and Trends
Explore the M2 Global Growth Chart and its impact on Bitcoin prices, revealing key trends in global liquidity dynamics.
bitcoincounterflow.com
January 5 is when we saw global liquidity start to rise, and there's about a 2 month lag for it to hit bitcoin. So around March 5 is when global liquidty should pump up bitcoin. This perfectly coincides with the beginning of the new 60 day cycle. February was supposed to be a strong month, but unfortunately the lack of liquidity and geopolitical events killed the momentum. Bitcoin to hit 120k in late March.
Well, bitcoin at 92k and falling.
Trump sure is great for crypto!
It looks like Trump’s idiotic policies could damage the global economy so much to actually cancel the bull run, not like we really had one anyway.
Trump sure is great for crypto!
It looks like Trump’s idiotic policies could damage the global economy so much to actually cancel the bull run, not like we really had one anyway.
Either this correction is the final shakeout before the next leg up in March, or the beginning of the end. If Bitcoin continues to fall in March, it’s a very bad sign.
The lack of global liquidity is the main culprit. Last cycle there was so much liquidity with all the global pandemic money. This year we have an unhinged Trump, tariffs wars, and sticky inflation and no cuts. Plus two major wars.
The lack of global liquidity is the main culprit. Last cycle there was so much liquidity with all the global pandemic money. This year we have an unhinged Trump, tariffs wars, and sticky inflation and no cuts. Plus two major wars.
are you buying the dip or hedging
lower beta is probably a good idea
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I have no spare cash, waiting this storm out.
This is a great time to buy, it will rebound.
This is the last shakeout before the next leg up.
Be greedy when others are fearful.
This was an expected drop at the cycle low. Preparation for the next leg up starting in a few days. Global liquidity also hitting around this time. Should see a strong bounce back, up to 120k
