Meme coin speculation cools: prices peak after an average of 17.2 days, and only 3% of projects return to their all-time highs
Let’s look at both sides:
Bullish case: With the bearish news now out of the way, there’s one less unknown;
Bearish case: Confidence has been affected, so short-term buyers may be more cautious;
My take: There are good arguments on both sides. Ultimately, it comes down to which way $BTC ’s volume and price action lean.
$BTC is currently at 82220.02, up 0.81% in 24h, with a 24h range of 79800 ~ 82634.3.
I get it wrong plenty myself, so make your own judgment.
Let’s look at both sides:
Bullish case: With the bearish news now out of the way, there’s one less unknown;
Bearish case: Confidence has been affected, so short-term buyers may be more cautious;
My take: There are good arguments on both sides. Ultimately, it comes down to which way $BTC ’s volume and price action lean.
$BTC is currently at 82220.02, up 0.81% in 24h, with a 24h range of 79800 ~ 82634.3.
I get it wrong plenty myself, so make your own judgment.