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Powell cut rates because without doing so, this chart would go exponential even faster.
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Thereâs a reason WHY weâre going higher With NO deep pullbacks itâs simple psychology. The demand to buy is OVERWHELMING. Too much new money is WAITING to jump in: - Trump win, $BTC at new all-time highs - The crowd finally accepts itâs a bull run - Former bears have turned bullish Everyoneâs in ârisk-onâ mode, Ready to grab any entry. Moneyâs pouring in. People will take any chance to buy in, no hesitation. And if your sadly waiting for a big pullback, Youâre out of touch. With this level of demand, heavy dips wonât come now. Donât believe me? Just watch.
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I keep seeing people who are bearish on Bitcoin and the entire crypto market redraw a new trendline every week to fit their bias. Thatâs next-level coping. This is the worst time to be bearish, and recent events have made that absolutely clear. Speaking of charts, the one below is the only one you should be paying attention to at the moment. My guess? We just reached the âmedia attentionâ phase (as youâve probably noticed as well). Now itâs time to start moving towards âenthusiasmâ and beyond. Q4 & Q1 are going to be insane.
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Important to recognize the difference between a TRADE and an INVESTMENT diff strategies for each of them. Trade = hold time for a few hours - a few days. Targets = 5%-50% Investment= hold time = days, weeks, months. Targets= infinity Mentally define what each of your coins is. Some coins are better as trades (see volatile ones like WEN, NEIRO, etc). Others, like $RUNE might be better investments)
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Crypto is the industry that has: -Lowest barrier to entry to generational wealth -0 credentials needed (ie. college degree) -Lowest capital cost upfront (can literally start with $50) -The highest volatility -Lowest IQ counterparties There is no second best market
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