Bitcoin to skyrocket in 2024

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
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M2 money supply indicates a pretty sharp dip is coming in September, coinciding with bad seasonality (worst month for crypto).

I have 20k left in Cardano and Solana. Will sell by the end of the month, and be out 100% of crypto, possibly for good. May buy only Bitcoin during the crypto winter. This cycle sucked bigly.
I don't really follow the technical background of most of these coins, but I thought Cardano would take off the last couple of years, it's still about 74% off it's ATH, many are calling for it to surpass that before this cycle is over , I don't know about that ! Many tech traders calling for the end of this cycle in September ,some say around Xmas time, who knows ?
 

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
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Dunno markets are surging today because of Trump's EO plus FED will probably cut rate in September. I think it's a mixed bag and there maybe another leg up.
Twice SOL rallied around $ 250 just to crash back to $ 100, I have it , it's a very frustrating crypto to own. With BTC and ETH at such lofty levels, it's hard to believe that SOL is about 38% off it's ATH. Have faith , I guess.
 

sprite09

Well-known member
Aug 10, 2020
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just watch Ethereum...if it breaks 5k , then your alt season is confirmed , but that doesn't mean it'll happen immediately

could see eth breaking 5k happen this month, then retrace , chop in September to early October - as that's typically a bearish period for stocks and crypto - then you have your usual strong crypto late q4 finish

thats the path based on previous cycles, but that doesn't mean it'll play out again

good chance this cycle is "left translated," meaning the alt season may actually be q3 and not q4

actually , I'd argue the last cycle was also left translated, as real alt season happened q1 to mid q2 ...market did double top later in the yr, but most alts did not reach their previous apex reached earlier in the yr
 

stinkynuts

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Jan 4, 2005
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I sold all my remaining cardano and solana yesterday. I think their may be a final leg up late fall, but I'd rather be safe than sorry. Everything is pointing to a pretty serious drop in September.
 
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