Where is the all crypto market headed?
Months ago, when Bitcoin was at $60,000 and everybody was dreaming about $100,000 Bitcoin, I’ve already warned multiple times that with transaction fees this high, it doesn’t look so bullish and we could see a significant correction down and that it’s important to have stop losses in place.
Then, I said to rather invest in memecoins and well…it all happened like I predicted.
Established altcoins crashed by 80% and more while memecoins were the only coins that gave returns and many gave unbelievable returns of 10,000%.
Everyone that followed my advice made it through this bear crash very successfully and also had the chance to make much more money with memecoins than established altcoins. However, unfortunately many didn’t follow my advice and then complained about memecoins making so much money so quickly. This bull run really makes people irrational.
During these 2 last months bear cycle, we have been going back and forth in this $30,000-$42,500 channel.
The next resistance we have to break is $36,829.
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