Crypto Megathread v37 - All aboard the Soooooool Train!

Do we see $40k or $80k first?

  • $40k

    Votes: 14 31.1%

  • $80k

    Votes: 31 68.9%
  • Total voters
    45
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Rob Battisti said:
I’ve learned my lesson on perps. Instead of going all in I’m just leveling in and keeping some in reserve in case it drops more.
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I think traders were a little too hawkish on the Fed possibly cutting 50 bps if UI came in higher. We're pretty much ensured only 25 bps now.
 
GarbageGuy said:
i look at the combined dominance chart of BTC, USDT, USDC

and that chart is topping out bigtime

means everything will run
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I wasn't including stablecoins in that. But, I think it's going to happen but I also think you're early. Maybe not short term run, but we're still far from a cycle top. Whatever the "cycle" means in current day.
 
TeTe said:
I wasn't including stablecoins in that. But, I think it's going to happen but I also think you're early. Maybe not short term run, but we're still far from a cycle top. Whatever the "cycle" means in current day.
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I was always targeting the 9 month period of fall 2024 to summer 2025
 
Rob Battisti said:
I was always targeting the 9 month period of fall 2024 to summer 2025
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Unless retail comes back en masse cycles are pretty much a thing of the past as institutions will dictate highs and lows.

Really any cycle tops and bottoms are dictated by global liquidity, which some would argue has always been the case. Right now there isn't much. I think we'll finally start seeing the positive effects of QE mid next year, but retail needs to be on board if alts are going to see ath again.
 
TeTe said:
Unless retail comes back en masse cycles are pretty much a thing of the past as institutions will dictate highs and lows.

Really any cycle tops and bottoms are dictated by global liquidity, which some would argue has always been the case. Right now there isn't much. I think we'll finally start seeing the positive effects of QE mid next year, but retail needs to be on board if alts are going to see ath again.
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What is the SOL bottom though, that’s the question
 
TeTe said:
I wasn't including stablecoins in that. But, I think it's going to happen but I also think you're early. Maybe not short term run, but we're still far from a cycle top. Whatever the "cycle" means in current day.
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ALTs would be getting wrecked with this current BTC drop

none of them are

i could always be wrong, but i'm buying here
 
Does it look like BTC is gonna drop below 50? Dropping hard today
 
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