Honestly, this feels like a rare shout from the pros. Galaxy just said the bottom's in and now's the moment to load up $BTC .
I saw the note on bitcoinmagazine.com - Alex Thorn of Galaxy Asset Management is basically telling anyone listening that the 50-week average pullback is capped at about 8.4%. With the Fear and Greed gauge sitting at 51, the market looks neither manic nor scared.
Total value of everything is $2.71 trillion, and $BTC still makes up roughly 59.5% of that. The whole market slipped 2.03% in the last day, so the dip they point to is real.
Makes me wonder if institutional confidence is finally tipping over, or if it's just a fleeting headline. What do you think – is this the nudge we needed or just noise?
NFA | DYOR #BinanceSquare #WriteToEarn #Altcoins #CryptoNews #Crypto
I saw the note on bitcoinmagazine.com - Alex Thorn of Galaxy Asset Management is basically telling anyone listening that the 50-week average pullback is capped at about 8.4%. With the Fear and Greed gauge sitting at 51, the market looks neither manic nor scared.
Total value of everything is $2.71 trillion, and $BTC still makes up roughly 59.5% of that. The whole market slipped 2.03% in the last day, so the dip they point to is real.
Makes me wonder if institutional confidence is finally tipping over, or if it's just a fleeting headline. What do you think – is this the nudge we needed or just noise?
NFA | DYOR #BinanceSquare #WriteToEarn #Altcoins #CryptoNews #Crypto