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Misc Crypto trading

I guarantee once the US economy puts bitcoin to its original test, we will see if it becomes just another unstable stock or hold to what people believe to be a stable financial pool. If bitcoin fails the test, crypto as a whole will become just another stock, and with bitcoin's immense energy use, it'll become a negative one that will quickly pop and become worthless. Only those that have some form of technology behind them just like a stock has a company behind it, would survive.
 
I suspended DCA BTC/ETH purchases in mid-Feb at $51K. Now, with Fear & Greed Index of 81 (and much higher recently, near 90), I'm accumulating cash awaiting a drop prior to the mid-April halving. I anticipate Bitcoin miners will dump as much Bitcoin as possible prior to the halving, increasing sell pressures. I would be a buyer at < $50K. After halving, expecting significant Bitcoin volatility.
 
Bham 99 said:
It's been a great 7 days for crypto
Click to expand...
after nearly 8 months of BTC consolidation, yes.
BTC is overheated and needs to stabilize/consolidate.
in the next few months plan to sell most, if not all, alts (considering holding some ETH, SOL, XRP)
the day Gary Gensler resigns (1/17/25?), expect a 5-10% spike
 
How high will XRP go? It's gone from approximately 62 cents before the election to right now being $2.71
 
This should cause another bump in crypto unless it’s already being built in. I’m all in on XRP. Friend who is deeply involved in Crypto says it could be $10 in 6 months or less. Tifwiw

cryptoslate.com

Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval

In October, Ripple partnered with top exchanges, including BitStamp, MoonPay, and CoinMENA, to offer RLUSD.
cryptoslate.com cryptoslate.com
 
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