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FUD deFudded
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Good read
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ALERT 📢 Global markets declined yesterday amid escalating Middle East tensions, as investors sought safer assets and engaged in panic selling on concerns of a potential war. This led to Stocks plummeting and Bitcoin dropping 6% from a daily high of $64,000 to $60,800 in the same day. Despite these near-term jitters, the mid-term macroeconomic outlook remains favorable. To capitalize on current market discounts, focus should be on strong coins that drove last week's rally. These are poised for a quick rebound: - FTM - TAO - SUI - WIF These assets demonstrated resilience and potential for growth, making them attractive opportunities during market downturns.
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Why ETFs have ruined this alt season? 👇 Previous bull runs showed massive liquidity rotated from bitcoin into alts. Mainly because most of the Bitcoin was traded on CEX's and DEX's with access to Altcoins. Fast forward to this cycle, ETFs are approved and majority of Bitcoin is being bought on regulated security exchanges which dont have altcoins listed.
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Top 3 graphs to be looking at right now : -BTC/USD : Weekly close above $64,800. -BTC.D : Dominance to fall below 50% -Total 3 : Break above the current channel. $BTC
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