Q3 tends to be the weakest seasonal period in BTC, whereas Q4 tends to be the strongest. BTC will have to endure supply distribution from bankruptcy estates in Q3.
Q4 is prone to offer strength stemming from the U.S. election, halving effects coming into play, cash distributions from the FTX estate, and easing macro conditions
Indeed bear market was better than this boring market. At least we used to take short-term trades .
If we look at history, this is the worst of the worst phase — engagements are at an all-time low, and people are hardly interested in anything other than memes.
But as I said, the current phase might delay the bigger moves in alts, but it can't stop them from happening.
Institutions are continuously accumulating while people are in fear.
Remember, big institutions never acquire anything where they have doubts. They're accumulating because they know buying #BTC at these levels is absolutely worth it.
Just wait—once the market picks up pace, all those bears will suddenly turn into moonboys.
By dollar value, these are still my top bags, and there are no changes. I'm truly convinced of them because they have top-notch fundamentals, solid communities, and active teams, and they contain the top narratives of this cycle.
However, it doesn't mean other bags are less important; they have similar importance but are less in dollar value.
#Bitcoin🪙 ‘Power Law’ sees up to 300% BTC price gains by late 2025
“The ETFs pushed us out of the cloud, and now we're reverting back. We're 3+ months away from upwards acceleration, and we could see prices go up 4x by the end of 2025.” An accompanying chart shows the so-called “Power Law Fractal Cloud” — a guideline range for BTC/USD going forward. #bitcoin #Binance #solana #TIAUSDT #pepe⚡
🚨🚨🚨 #Bitcoin and #Ethereum ‘Have No Intrinsic Value’, Claims Governor of Italy’s 🇮🇹 Central Bank.
On 9 July 2024, Fabio Panetta, the Governor of the Bank of Italy, addressed the Italian Banking Association Annual Meeting, sharing his critical views on #crypto-assets and the regulatory landscape surrounding them.
4,623 Bitcoins Entered Spot Exchanges in a Single Block: Will Seller Pressure Increase?
“It is highly likely that these will be sent to spot exchanges in parts for selling. Additionally, the German government has sold more than 10,000 Bitcoins since June 2024.”