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Pathologe
20 Nov 2024
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🌐World News: Trump's controversial pick, Gaetz, as AG sparks debate 🗣️; Putin lowers nuclear threshold amid global tensions ⚠️; NYC stabbing spree leaves 3 dead; E. coli outbreak linked to carrots 🚨; Jeffries reelected House Dem leader.
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#BTCHovers100k The real expansion didn't happen. Just in previous cycles, the second year of the bull, in this case, 2025, is the big expansive year. #Altcoin market capitalization at $280B. Within the next 12-24 months, this has likely done a 10x.
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#MicroStrategyAcquiresBTC Following up on this... Would be nice if #BTC just gave us a normal right-translated cycle. But to make sure we avoid tunnel vision, topped 54 weeks after that ETF launched, and got a correction starting week 55. #BTC ETF launched 55 weeks ago (and BTC just put in a new ATH in week 54). Clearly these analog comparisons usually fail, but the general idea was that we could reach at least a short-term top around January 20th due to euphoria around the new administration leading to deregulation and Gary Gensler resigning. We also have former self-proclaimed "BTC maxis" launching memecoins so perhaps the market needs to get those guys back in line.
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