paper hands sell in downturns. diamond hands accumulate. this is how wealth transfers happen.--CZ
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market thoughts: january seasonality is in full swing and BTC chopping while maintaining above $90k is a good sign imo im expecting at least one more week of sideways before we start trending higher towards the end of the month with a full blown alt szn in february where ETH and alts outperform (as we've seen in the last years) for a couple of weeks and then we get a local top sometime by the end of march - early april you might think this is consensus but trust me it's not ~ looking at the timeline these days, most have become bearish and some are even saying we might be over for the cycle while there's nothing guaranteed, i am of the view that we see higher prices and potentially a new high in BTC, ETH and alts in the next couple of months sell in may and go away something something
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$BTC: - I believe the current paradigm is similar to the 60k-70k range that lasted most of 2024 - Buyers will continue to be rewarded BTFD'ing close to 90k, - I'm not expecting much from the Trump inauguration. They'll have many issues to deal with and crypto is at the bottom of the pile, so the main drivers remain the usual flows, - Traders will continue to derisk above 100k until something changes (saylor getting even more money? ETF flows increasing?) - If you think trading the range is bad, spot & chill is always an option
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