I read a lot of comments in chats, and generally like to follow the mood on the market. And what I see makes me happy. Why, you ask? It's simple, the more disappointed people are, the faster the party will start.
I read a comment, a person writes that if he had been told a year ago that Bitcoin would cost under 100k and Altcoins would fall, he would have spat in that person's face. I agree, the situation is confusing for many. Therefore, they shout that everything is different now. No.
This cycle is no different from others, it's all the same. Bitcoin must at least double its high. Last time it went from 20-30k to 69. So now you count, it should be at least 140k right now, based on the logic, for a real bull market to start. And while Bitcoin is rising, guys are lowering rates, stimulating their economies, preparing the population for investments, and actively talking about crypto.
The scenario is the same, only the interpretation is slightly different. But in fact, the outcome will be one: A cool crypto party at the end. Not everyone will make it. That's how I see the situation for now. Now is the time to buy and form a portfolio if you don't have one. Don't be slow.
