If we haven't had him with us for 30 years, I can only be grateful for at least having seen this moment up close. Emotion takes over and there’s no way it could be any different. https://x.com/deividi_guedes/status/1853171541808214075/photo/1
On the same day that the largest decentralized currency on the planet, Bitcoin, reaches an all-time high, the Brazilian state currency reaches its all-time low.
What a contrast. https://x.com/deividi_guedes/status/1851340251530477604/photo/1
The main altcoins need to be performing better than Bitcoin.
However, so far, $BTC has been accumulating a performance higher than 80% of the main altcoins. When it reverses (and it will), be prepared 🚨 https://x.com/deividi_guedes/status/1850966393820156212/photo/1
#Bitcoin dominance continues to grow and is now at 58%.
Before the big market jump in 2021, it reached 69%. In 2017, the movement was similar.
$BTC is the first car on the train and goes up first. Dominance should increase even more until altcoins explode. https://x.com/deividi_guedes/status/1849819447185326334/photo/1
Telegram AirDrops have become a craze that apparently is already passing.
One of the reasons is the distribution of tokens that does not favor the common player who has dedicated a lot and for a long time, as happened with Hamster Kombat. https://x.com/deividi_guedes/status/1849050353498489234/photo/1
Telegram AirDrops have become a craze that seems to be dying down.
One of the reasons is that the distribution of tokens does not favor the average player who has dedicated a lot of time and effort, as happened with Hamster Kombat.
Another reason is the lack of purpose and reasons to hold the projects.
In practice, those who receive the tokens have the sole objective of selling them as soon as they are launched, which puts a lot of pressure on the prices.
There is no sense of community and the holders themselves have become haters.
While the $BTC ETF continues to grow in terms of capitalization, the ETH ETF's net capitalization has been negative in recent weeks.
This shows that the broader market still has no appetite for the asset. It is likely that it will only come during the euphoria phase. https://x.com/deividi_guedes/status/1848703992949350548/photo/1
Nos últimos 30 dias, o mercado cripto aumentou sua capitalização em 15%, superando novamente o patamar dos $2,3 TRILHÕES.
Um movimento semelhante ao que ocorreu exatamente um ano atrás, quando em meados de outubro não só o $BTC como a maioria das boas criptos começaram a ter fortes valorizações, num rally que durou mais de 6 meses.
O que também é esperado dado o histórico dos ciclos, é que, no próximo rally de alta, bons projetos superem com folga suas máximas históricas.
$BTC should test, after long weeks, the $70k region.
It will most likely seek a price base below (probably close to $65k) after that to catch its breath and finally, in one of the future attempts, break through the barrier of the current historical high.
Be patient and position yourself according to the flow.