BTC has a 10 year history to reflect upon with consecutive bear and bull markets. Inevitably this bear cycle will end and there's a huge amount of institutional money with teams of ellioticians waiting for the market to signal. Yes this cycle is much like 2013 but much faster and we are almost through.
I agree that there is no doubt there will be a rebound but 10x seems too good to be true. Experts are predicting that BTC could hit 30k by year end. That is only a little over 3x based on the current numbers. As for the 1 year history yes there is a lot of timeline there but the real success has only been in the last 12-24 mo
I would love to think that to be true, any insight on why you believe there will be such a huge rebound?
BTC has a 10 year history to reflect upon with consecutive bear and bull markets. Inevitably this bear cycle will end and there's a huge amount of institutional money with teams of ellioticians waiting for the market to signal. Yes this cycle is much like 2013 but much faster and we are almost through.
There's no reason to think Alts will not pass their ATH of 10x once we're back to a bull market, unless they are dud projects.
I agree that there is no doubt there will be a rebound but 10x seems too good to be true. Experts are predicting that BTC could hit 30k by year end. That is only a little over 3x based on the current numbers. As for the 1 year history yes there is a lot of timeline there but the real success has only been in the last 12-24 mo
3x for BTC will equal 20x plus for many of the Alts by year end.....not all.
The really big percentage gains in BTC where long ago. Not many experts thought BTC would hit 10k last year let alone 20.