$BTC
monthly MacD shows $126k was top
we have 6-12 months of downside to find bottom
maybe $44k - $50k
Pumpfun in the early months WAS alt season this cycle
Created millions of degenerates who gambled instead of real trading which killed any interest in real project (alts)
crypto lol $BTC#BTC
its hopium to think this industry recovers
cycles usually end with alts making new ath's
this cycle did not, so its fair to assume its never coming back
$BTC
monthly MacD shows $126k was top
we have 6-12 months of downside to find bottom
maybe $44k - $50k
Pumpfun in the early months WAS alt season this cycle
Created millions of degenerates who gambled instead of real trading which killed any interest in real project (alts)
$BTC
six more months left at least till bottom
dont overcomplicate or just "guess" where bottom is
barely oversold on weekly RSI = bottom not in
one more leg down
best case = sideways on support 6 more months
this has been my first time in 8 years in the game where i think crypto might not be around in the next few years. Blockchain inevitably will have its place but as far as what we have now, everybody finally sees it for what it is, vaporware