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Mib BBT
--
Bullish
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Guys trust me
#cedefi
is the next narrative
$BB
is entering the
banana
zone
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Been watching this sexy AF falling wedge form for months for CeDeFi pioneer BounceBit, $BB price is pressing against diagonal resistance & getting close to the apex plus their calendar is filled w/ bullish events this month, beautiful entry for another easy 2x from here
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Usually when Bitcoin pumps heavily like today, altcoins tend to stay behind and only follow later. The reason why today this was different lies in the reason for the pump - the election results. The market was in a month long limbo, undecisive and uncertain. Not good conditions for altcoins that flourish in markets with a clear direction or in other words - a full blown bull market. The fact that Trump give the market a much needed boost of confidence. Altcoins heavily benefitted because of the prospect of clearer and more lenient regulations for cryptocurrency. Regarding BounceBit: We cross this green line and we're good. Already got the 99 day moving average. $BB is making a comeback. Zoom out and you'll see. Incoming regulations will also affect BounceBit's CeDeFi and the asset management behind it. So keep an eye out on that. If the regulations turn out to be lenient - likely with Trump elected - than this gives me much confidence for the future of BounceBit and CeDeFi in general. Ethena $ENA will be similarly affected. That's why it pumped so hard today. Projects like these with a big vision for the future, are undoubtedly bound to regulation.
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BTC hits 70k first time, ETH at 4000 BTC hits 70k second time, ETH at 3900 BTC hits 70k third time, ETH at 3300 BTC hits 70k fourth time, ETH at 2500 BTC hits 70k fifth time, ETH at 2400 BTC hits 100k, ETH at ????
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$BB is stronger than Bitcoin and Ethereum combined
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You will be witnessing the biggest comeback of $BB within the next week. From 0.26 straight to 0.6. When we reach 0.42 eventually it will be crucial that $BTC price doesn't interfere again. BB is grossly oversold on many timeframes, but the banana zone play i shared a while ago is still in play, just a longer, juicier banana. CeDeFi V2 is coming up very soon as well, and BounceBit eco with memes and quanto options as main runner have been doing great.
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