Taking a look at memes; some are on truly their last leg of support. btc.d at higher risk levels, btcusd within fair value logarithmic regression, and stablecoin dominance moving up and nearing its downtrend resistance line.
It’s a matter of when, not if. And how much we go up?
What seems more likely?
The cycle ends a year early with Bitcoin failing to get even close to true cycle top levels on data, and Altcoins go dead in the water?
Or...
The cycle remains on track to do the same thing it's done 3 times over and everything will be fine?
Needless…
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@Evan_ss6@fejau_inc The thing is crypto people think QE is required for coins to go up. They think it solves everything and has no drawbacks. And somehow ignore stocks being at ATH’s and that bull markets have gone on for centuries without it and will continue after it and are doing it now.…
I do find it odd that a lot of people (including myself) lookin for sub 80k btc before decisive next leg up to bring about alt szn.
Why? QT continuing for 6+ months per Powells comments today? Powell: "We would use quantitative easing only when rates are at zero."
Wen rates…
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