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Bitcoin Is Pumping! (But Could This Just Be the Calm Before the Collapse?) | Web3 Daily

9 February 2024
in Web3
Reading Time: 2 mins read
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TL;DR

Full Story

Are you staff ‘Collapse n’ Rebuild’ or staff ‘Skyrocket’?

Confused by the query? Similar.

Right here’s what we’re on about:

Proper now there are two faculties of thought as to the place Bitcoin goes to go within the coming months.

One aspect factors to the truth that, traditionally, we are likely to see a break down in value at the moment within the cycle — earlier than launching to new all time highs.

The opposite aspect claims this time is totally different, as a result of we now have Bitcoin ETFs, that are vacuuming up BTC, day-after-day (basically stabilizing the value).

Now right here’s the cool half…

None of this issues.

Each are nice outcomes in their very own proper:

If the value breaks down earlier than take off — that’s a shopping for alternative.

If it the value climbs straight as much as all time highs from right here — we’re all makin’ cash baaaaby.

That mentioned, when you’d wish to debate in real-time about this win-win state of affairs, the dialog/argument appears to be dwelling on this X/Twitter put up.



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Tags: BitcoincalmCollapseDailyPumpingWeb3
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