Hey guys, keep an eye on the news, everything makes sense now. There's been an abnormal capital outflow in crypto, with over 10 days of heavy capital exits, all due to the IPO of $SPCX.
And companies like BlackRock have indicated they're looking to invest between 5-10B in the company. If that happens, more institutions will likely follow suit, sending its price through the roof. Now, there are two possible scenarios:
SpaceX is a success: If it manages to enter the market with a good reception, I hate to say it, but $BTC could face a massive drop due to the large capital outflows, collapsing to a price between 25-30k (note taken from expert analysts).
SpaceX fails to meet expectations: Right now, development and capital are being funneled into AI. If it doesn’t hit the expected targets, we might see institutional capital flowing back into the reliable old favorites, like #BTC , sending the price soaring to levels that could touch 90-120k.
So, stay cautious, as we’re just a week away from the $SPCX IPO, so keep your eyes peeled.
And companies like BlackRock have indicated they're looking to invest between 5-10B in the company. If that happens, more institutions will likely follow suit, sending its price through the roof. Now, there are two possible scenarios:
SpaceX is a success: If it manages to enter the market with a good reception, I hate to say it, but $BTC could face a massive drop due to the large capital outflows, collapsing to a price between 25-30k (note taken from expert analysts).
SpaceX fails to meet expectations: Right now, development and capital are being funneled into AI. If it doesn’t hit the expected targets, we might see institutional capital flowing back into the reliable old favorites, like #BTC , sending the price soaring to levels that could touch 90-120k.
So, stay cautious, as we’re just a week away from the $SPCX IPO, so keep your eyes peeled.
