Bitcoin no longer does its own thing, follows the market. Bitcoin cycle theory has died.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
I just posted that for fun, nothing meant by it. Buddy text it to me this morning since he's been heavy into trading lately.
it's just a higher beta play on equities as i mentioned before
this is why i never doubted it would recover from the bear of 2022 (markets bounce back )
crypto will top out later this yr or early next yr , along with traditional markets
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I have no belief in ETH, people who follow this stuff have stated that SOL is a better ETH so ETH is kinda irrelevant. For me only Gold and BTC.
Ethereum is dead. Bob Loukas just sold a big portion of his Bitcoin portfolio, saying there’s a decent chance we peaked.
I think there’s a good chance we peaked, and the cycle is over. Bitcoin isn’t what it used to be, especially alts. Ironically, Trump killed crypto.
I think there’s a good chance we peaked, and the cycle is over. Bitcoin isn’t what it used to be, especially alts. Ironically, Trump killed crypto.
Even though many of my friends still believe this rally, ETH and many alts are off more than 50% since Dec/Jan highs . . .
I’m not too confident, with Trump wreaking havoc with the world economy for his benefit.
This cycle is vastly different from previous ones.
November 10, 2021 area, ETH was about $ 4,880 , I don't think it will ever surpass this mark, but 12 months ago I thought differently. UGH !
Eth has to adapt to lower fees. I do not know how but that is the only way it can compete with other Layer 1 like solana, sui. Eth must break the ATH so that we can see another parabolic bullrun.
Bullrun this time I do believe is really different as last year BTC new ATH was hit before halving and Majority of the alt are really below its peaked in 2023 and 2024.
SOLANA memecoin really ruin how money is spread in crypto. People are making new tokens daily. It is literally a casino in Solana.
Q3 or Q4 are the melting faces part of this.. we shall see.
An example of a newly made memecoin on Solana. No one touched it yesterday then today it 280x peaked highest 440x. These coins are moved by group of people. Literally a casino daily in solana..
all you need is Phantom wallet and some Casino Chip "SOLANA". Ethereum cannot compete with this.
all you need is Phantom wallet and some Casino Chip "SOLANA". Ethereum cannot compete with this.
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it's like 2017 where most alts went parabolic in q4
i think we'll have a nice mini run in q2 , consolidation q3, then blow off top in q4
Bitcoin dominance has to drop too. It is at 63% now I think. We will see. Try spreading on Ai and L1 related narrative. "ICP" and "Sei" are darkhorses. Sui really good too but in a very longterm, maybe 2026 bear market "accumulate it"
My prediction is
BTC at 120 to 180k
ETH should go back above $3k breaking the ATH is a ?
Solana should break $300
Sui $6 to $8
Sei $1.5 to $2
ICP $15 to $20
ya BTC dominance looks like it'll hit 70 again
if we get a rate cut in May then it may go down for a bit before going up again for q3 ...further rate cuts in q4 then you have your alt season
or....maybe it tops around 66 to fool people who are waiting for 70
"..the market is designed to fool most of the people, most of the time.
People too have tiktok instinct. no one wants to hold long hahha. This is why its hard to find a good alt coin.. it is actually better to play on solana memecoin.. hit 1 100 to 500x (1/10 tries) than holding for few years.. solana ruin the cycle..
