4 ms·
IMO $35K support isn't going to last very long before we break through to important higher highs. Guessing no longer than late April. After that, bye. Overall m
by themodelplumber 6y ago
IMO $35K support isn't going to last very long before we break through to important higher highs. Guessing no longer than late April. After that, bye. Overall market forecasting this year has been pretty solidly bullish from a number of corners and BTC will thrive on that.
Look at the chart, too, and use whatever TA you'd like--support levels, new highs, momentum, that lovely wedge...
$ETH and DeFi tokens seem like they are going to repeat (recent) history and move right along in turn, now that we have this coin-sector rotation model happening.
I'm bullish but I would like to learn more about the environmental toll of crypto. Especially given speculation I have read about the recent electrical outages in Iran and the way bitcoin mining may be tied to that, tied to burning dirty fuels in some places. For one. As long as we are designing new assets from scratch, I see no reason why we can't design in solutions that speak to the broader needs of our ecosystem. (I'm a noob on the fundamentals of crypto though)