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@EliteBoom
The-Anunnaki: A digital wizard, weaving web3 realms and blockchain magic, sculpting decentralized futures where ancient wisdom meets futuristic technology.
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🚨 BREAKING 🚨
IF GRAYSCALE KEEPS ON SELLING
AT THE CURRENT RATE, THEY'LL BE
LEFT WITH NO BITCOIN IN 96 DAYS.
THIS IS VERY BULLISH AS GBTC
REDEMPTION IS PUTTING A LOT OF
SELL PRESSURE.
IF GRAYSCALE KEEPS ON SELLING
AT THE CURRENT RATE, THEY'LL BE
LEFT WITH NO BITCOIN IN 96 DAYS.
THIS IS VERY BULLISH AS GBTC
REDEMPTION IS PUTTING A LOT OF
SELL PRESSURE.
If you subscribe to Satoshi Nakamoto's theory, then according to his calculations, a single BTC is valued at 71 million USD.
🚨 BREAKING 🚨
BLACKROCK HAVE SAID "FOR OUR CLIENTS, BITCOIN IS OVERWHELMINGLY
THE NUMBER ONE PRIORITY "
BULLISH AF 🔥
BLACKROCK HAVE SAID "FOR OUR CLIENTS, BITCOIN IS OVERWHELMINGLY
THE NUMBER ONE PRIORITY "
BULLISH AF 🔥
Be Prepared
Bitcoin's price has surged to an all-time high, and altcoin markets have followed suit with significant gains. However, many investors are anticipating a correction. So, what does the chart indicate?
Analyzing the chart above, we compare the last two cycles with the current one. It's evident that the altcoin market entered a parabolic phase after Bitcoin surpassed its previous all-time high.
In April 2017, Bitcoin broke its previous 2013 high of $1163, leading to a remarkable surge in the altcoin market from $1 billion to $78 billion in just 8 months—a staggering 8000% increase. During this period, numerous altcoins experienced gains ranging from 100x to 1000x, despite there being only 1000 altcoins in the market.
Similarly, in December 2020, Bitcoin once again surpassed its previous 2017 high of $19,600, triggering another parabolic move in the altcoin market. Altcoin market capitalization surged from $42 billion to $425 billion, an approximately 900% increase. This time, altcoins witnessed gains ranging from 30x to 200x.
Now, in February 2024, with Bitcoin once again breaking its previous all-time high, if historical patterns repeat, we can anticipate a parabolic surge in the altcoin market over the next 6 months. Altcoin market capitalization currently stands at around $337 billion and could potentially skyrocket to $1-2 trillion within the next 6 months.
It's crucial to grasp this parabolic movement and not be deterred by 20%-30% corrections, considering the potential for gains ranging from 300% to 1000%. Instead, we recommend implementing a smart dollar-cost averaging (DCA) strategy in altcoins and holding onto them for 6-9 months to ride the wave of the parabolic surge.
While some may believe that altcoins have already experienced significant gains, those familiar with the parabolic moves of 2017 and 2021 understand that the true surge has yet to begin.
This analysis isn't meant to induce fear of missing out (FOMO), but rather to provide insight into past cycle trends so that you can plan your investment strategy accordingly. Remember, I'm the one who advised entering all markets when Bitcoin was trading at $15,500, with tokens like VANARY at $0.02, ICP at $2.92, LINK at $5, and DOT at $5.
In short, a massive altseason is on the horizon—be prepared.
Analyzing the chart above, we compare the last two cycles with the current one. It's evident that the altcoin market entered a parabolic phase after Bitcoin surpassed its previous all-time high.
In April 2017, Bitcoin broke its previous 2013 high of $1163, leading to a remarkable surge in the altcoin market from $1 billion to $78 billion in just 8 months—a staggering 8000% increase. During this period, numerous altcoins experienced gains ranging from 100x to 1000x, despite there being only 1000 altcoins in the market.
Similarly, in December 2020, Bitcoin once again surpassed its previous 2017 high of $19,600, triggering another parabolic move in the altcoin market. Altcoin market capitalization surged from $42 billion to $425 billion, an approximately 900% increase. This time, altcoins witnessed gains ranging from 30x to 200x.
Now, in February 2024, with Bitcoin once again breaking its previous all-time high, if historical patterns repeat, we can anticipate a parabolic surge in the altcoin market over the next 6 months. Altcoin market capitalization currently stands at around $337 billion and could potentially skyrocket to $1-2 trillion within the next 6 months.
It's crucial to grasp this parabolic movement and not be deterred by 20%-30% corrections, considering the potential for gains ranging from 300% to 1000%. Instead, we recommend implementing a smart dollar-cost averaging (DCA) strategy in altcoins and holding onto them for 6-9 months to ride the wave of the parabolic surge.
While some may believe that altcoins have already experienced significant gains, those familiar with the parabolic moves of 2017 and 2021 understand that the true surge has yet to begin.
This analysis isn't meant to induce fear of missing out (FOMO), but rather to provide insight into past cycle trends so that you can plan your investment strategy accordingly. Remember, I'm the one who advised entering all markets when Bitcoin was trading at $15,500, with tokens like VANARY at $0.02, ICP at $2.92, LINK at $5, and DOT at $5.
In short, a massive altseason is on the horizon—be prepared.
Bitcoin's rally to all-time highs is aiding 1,500 wallets to push past the million-dollar mark each day, Kaiko Research reported as this month Bitcoin gained another 16% extending a run which kicked off in mid-January when regulators approved spot bitcoin ETFs to begin trading in the US. This year, the trend peaked at 1,691 wallets on March 1 although it is possible that multiple wallets belong to a single person or entity.
🚀🇰🇷 Crypto Mania Sweeps South Korea! 🇰🇷🚀
The latest buzz from the digital frontier: South Korea's crypto craze is breaking records! 📈💥 Last week, crypto trading volumes on local exchanges surged past those of the stock market, riding on the soaring waves of Bitcoin's ascent.
📈🔥 On Sunday alone, South Korea-based crypto exchanges saw an unprecedented trading volume of 12 trillion won, dwarfing Friday's stock market tally of 11.47 trillion won. That's a whopping $9 billion in USD! 💰💼 And guess what? The party's just getting started.
🌟 But what's fueling this frenzy? 🌟
Experts suggest that Koreans are veering towards alternative investments, especially altcoins, over traditional assets like BTC or ETH. 📈🤑 The allure of high-risk, high-reward ventures is drawing more investors into the fold, as evidenced by the increasing volume in the crypto market.
🔍📈 Despite Bitcoin and other tokens trading at a premium on Korean exchanges compared to global counterparts, retail demand remains robust. The so-called "Kimchi premium" is at its peak, indicating a strong appetite among Korean investors for digital assets. 🍣📈
🌐💻 With Upbit's daily trading volume soaring and the crypto market showing no signs of slowing down, it's clear: South Korea is at the forefront of the crypto revolution. 🚀🌟
Stay tuned as the saga unfolds in the digital realm! 🌌💎
#CryptoMania #SouthKoreaCrypto #BitcoinBoom 🚀🇰🇷
The latest buzz from the digital frontier: South Korea's crypto craze is breaking records! 📈💥 Last week, crypto trading volumes on local exchanges surged past those of the stock market, riding on the soaring waves of Bitcoin's ascent.
📈🔥 On Sunday alone, South Korea-based crypto exchanges saw an unprecedented trading volume of 12 trillion won, dwarfing Friday's stock market tally of 11.47 trillion won. That's a whopping $9 billion in USD! 💰💼 And guess what? The party's just getting started.
🌟 But what's fueling this frenzy? 🌟
Experts suggest that Koreans are veering towards alternative investments, especially altcoins, over traditional assets like BTC or ETH. 📈🤑 The allure of high-risk, high-reward ventures is drawing more investors into the fold, as evidenced by the increasing volume in the crypto market.
🔍📈 Despite Bitcoin and other tokens trading at a premium on Korean exchanges compared to global counterparts, retail demand remains robust. The so-called "Kimchi premium" is at its peak, indicating a strong appetite among Korean investors for digital assets. 🍣📈
🌐💻 With Upbit's daily trading volume soaring and the crypto market showing no signs of slowing down, it's clear: South Korea is at the forefront of the crypto revolution. 🚀🌟
Stay tuned as the saga unfolds in the digital realm! 🌌💎
#CryptoMania #SouthKoreaCrypto #BitcoinBoom 🚀🇰🇷
In #India we have lots of ways to #cashout #crypto don't pay 30% as #pedigree #CryptoTax to the dogs of #Adani
In #India, crypto profits from trading, selling, or spending face a 30% tax, with an additional 1% TDS on sales exceeding RS50,000 (or RS10,000 in specific cases) in a financial year.
In case of losses, no compensation is provided. Since 2014, the government is accused of wealth accumulation and scams linked to religious sentiments. 🚫 Voters are urged to reconsider supporting this government for a brighter future. This government's focus seems solely on #Adani and #Ambani #CryptoTax #GovernmentCritique #FutureVote
In case of losses, no compensation is provided. Since 2014, the government is accused of wealth accumulation and scams linked to religious sentiments. 🚫 Voters are urged to reconsider supporting this government for a brighter future. This government's focus seems solely on #Adani and #Ambani #CryptoTax #GovernmentCritique #FutureVote