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🤔 Is Bitcoin reaching a $70K market value by the end of the month?
Current price: $65,240

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🤔 Bitcoin's current market value sits at ~$87,800. What comes next?

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🤑 As crypto has bounced nicely in the second half of March, traders have swung the pendulum back toward mild greed. After showing major fear in late February and early March following two stints of Bitcoin dipping as low as $78K, it appears that this rebound to $88.5K has brought back a dose of optimism to retail traders. In red, we see mentions of $BTC price predictions across social media ranging between $100K all the way up to $159K. And in tan, we see $BTC predictions from $10K up to $69K. The crowd notoriously gets their predictions WRONG, meaning isolated spikes toward higher prices are a signal we are likely to drop... and isolated spikes toward lower prices are a signal we are likely to rise. Remember that cryptocurrency markets have ALWAYS historically moved the opposite direction of the crowd's expectations. When you see your timeline filled with "to the moon" or "lambo time", be cautious about upcoming prices. When you see "crypto is dead" or "bitcoin is a scam", this should be music to your ears. 🎶

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📺 XRP's saga with the SEC appears to finally be put to bed, and on-chain activity is rising. We discuss many metrics to keep an eye on for the 3rd largest non-stablecoin in crypto, and we check in on $FLR and $SUI in our video with @sentosumosaba! 👇 https://www.youtube.com/watch?v=TKQnBDGzHDA

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🐳📈 Bitcoin's price has rallied all the way to ~$88,350 after things looked grim two weeks ago at ~$77,500. Shortly after that local bottom, we began to see a rise in total wallets holding 100 to 10K $BTC. As usual, markets have looked better since whales resumed accumulation.

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🥳 In a solid start to crypto's week, Bitcoin reached as high as $88.5K for the first time in 17 days. Ethereum also jumped above $2,100 for the first time in 14 days. Comments across social media are becoming quite positive, indicating many expect this rally to continue.

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