Theory

The crowd is still uncertain whether Bitcoin will “fly or die.”

First, we make everyone believe that Bitcoin is the new gold, with its rise toward $120K–$140K. Only when everyone is absolutely convinced that it’s not a bubble anymore we will observe a significant correction toward $70K–$80K.

I am applying the thesis that the crowd is always wrong. For example, when everyone thought Ethereum was dead at $2,200, it bounced back to $4,000.

The onchain is getting oversaturated once again with the new launches and endless new utilities.

A dangerous phase, where you can easily lose your capital.
Yes, people prefer to chase shiny ones, but defining your strategy and goals is highly important.

And sometimes it's safer to stick with the established products/ assets/ teams.

For example, most of my portfolio is now concentrated in high caps, simply because due to the market phase it's safer for me to multiply my capital there instead of constantly checking what's going on with low. caps.

DCA'ing here in literally any alt with good narrative might be a profitable decision nfa.

BTC.D
- 55%
Confirmed now with the retest.

With BTC's further redistribution around 90k - 110k, i am expecting to see BTC.D under 50% till EOY

ETH to $5K during the next 20 days, at least.

nfa, dyor

Bitcoin is our best marketing tool.
Today, we finally broke through the $100K barrier.

I expect a new wave of retail (new) investors to start flowing into crypto after this milestone.

Welcome to December!

ApeScreener is growing each and every day.

"People on Bitcoin"
Yep, the main fomo is not yet there.

https://youtu.be/ZvPF4w0gFoA?si=XE2i8JvUPHaYY_h-

🇨🇳 China discovers world’s largest gold reserve worth $83 billion in Hunan province. @Fin_Watch

🇨🇳 China discovers world’s largest gold reserve worth $83 billion in Hunan province.
@Fin_Watch

https://t.me/defi_travelers/13730

A reminder about $BIGTIME and $MAVIA for potential x2+ scalps.
Still in action.
nfa, dyor.