source avatarPicolas Cage

Share

This might be my bear market PTSD but bitcoin:native failing to break $80k convincingly whilst onchain + alts go ballistic over a weekend is typically something that would trigger alarm bells for me. A pullback would be perfect because all prior bears who missed this entire run would declare it was a bear market rally and not buy anything - all whilst people who did catch this run will have bundles of fresh liquidity to inject at 70-75k BTC levels. All before ripping faces again to valhalla. But conversely it could just be BTC taking a breather before full sending again lol. Place your bets gentlemen.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.