
Post
Eshal fatima
Over the past month, volatility on bitcoin:native got compressed to its lowest levels in years & general crypto momentum is gone on both sides.
This whole time the timeline has been trying to convince each other whether the bottom is in or we go lower but to me, that is rather an irrelevant question.
Because the chance for a quick mid cycle correction & recovery ended after the failiure to hold the upside from the February lows & the big volatility spike. A place from which equities made new ATHs as well.
So should the bottom be in, it likely takes a way longer time to form & change structure, or it isn't in and then it slides lower. Duh.
The opportunity is elsewhere right now. Copper for example is hitting new ATHs
While BTC has been underperforming all #AIInfraEarningsWatch #CPIToResetFedBets #AIInfraFundingDiverges
Ansvarsfriskrivning: OKX Orbit-innehåll tillhandahålls endast i informationssyfte. Läs mer
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