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"Alt season" will never look like 2021 again, due to: • Easing conditions being an extreme anomaly in 2021 • The abundance of new launches + altcoin dilution Now that doesn't mean it won't be as big (if not bigger), just in different ways: • Instead of every altcoin going vertical at once, bigger, but more confined rotations will occur (i.e. AI & memes) • Liquidity will gradually flow in as opposed to the sharp spike we saw in the 2021 stimulus days • Strong ETF flows have diminished the impact $BTC pumps have on liquidity flow (it's more psychological than tangible now) • It becomes more of a traders' market as the "hold a bunch of coins and wait for the pump" strategy won't be as effective Still ridiculous amounts of opportunity in this space, just be realistic in terms of your expectations - and adjust your trading/investing style based on current conditions.
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Stablecoin supply is now in price discovery and keeps making new highs. This means that there is more liquidity entering the crypto market. Capital inflows = bigger pumps across altcoins.
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One single green candle can erase months of dreadful price action. I have seen this scenario playing out countless times over the past few years. This time won’t be different. P.S. If you don’t foresee something similar happening in the coming months, you’ve been successfully brainwashed. I advise you to look beyond the noise.
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JUST IN: Nvidia $NVDA surpasses Apple $AAPL to become the largest company by market cap.
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UPDATE: MicroStrategy now HODLs 447,470 $BTC Average cost: $62,503 Total Cost: ~$27.97 billion Current Value: $44.57 billion Profit: $16.6 billion $MSTR
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