shrewd mate hope you been well, As for Bitcoin the bottom was put in 16k, no question, But Bears are in that Denial denial , anger, pis*sed Phase, ALOT of people missed This move because it was Over the New year Day / into New year.. Not many people where paying attention thats for sure, and now the narrative seems to be it MUST come down, so the " people who missed it " can get in " lower " , so of course the garbage narrative is " short the pump " but really there is alot of bullish indicators that is SHOWING it bottomed out..
look at the DXY having major Bear divs on high time frames, Total Crypto market cap is also looking very interesting.... then we have the Federal reserve being Less hawkish this year possibly Due to the inflation target they have set almost being met...
12 month of selling for crypto, the longest bear market crypto has ever seen, Now things start to flip but people STILL want to talk about 10k bitcoin some even say 8k-4k bitcoin lmao.. dumb money start to short now.
the thing about Crypto and Hot copper is it doesn't really mix well.... too many un-educated clueless people who have been misguided and the things they hear about this market is REALLY Negative, Especially during one of the worst bear markets of the entire crypto industry...
Dont get me wrong, there is TONS of complete USELESS , GARBAGE , Hot pile of steaming CRAP in the crypto space, but there are also some really good INNOVATING projects that you can make ALOT of money on if you know what you are doing. i say it going to test 25k, it break above 20k the Bull is back on
