#BTCDipOrRebound
Where are we in the market psychology chart?
We're in a weird stage.
- #Bitcoin is in some sort of hope state, where most of the participants predict that Bitcoin will peak at max $150K.
That's not really providing much confidence, at all, right?
- #Altcoins are pretty much at depression as people tend to believe that they are death and won't be having any surge.
If you combine the two, while there are seemingly ingredients that we're seeing:
- Massive institutional interest.
- Framework for crypto being build in the U.S.
- Money supply expanding through China starting massive QE and US needs to adapt.
- Yields to come down.
- Automatically DXY to weaken, so risk curve becomes interesting and then basically one asset class stands out: crypto.
In that cocktail, there are a few interesting conclusions which primarily lead to the fact that the altcoin market is lagging behind massively compared to previous cycles, if you tend to believe the 4-year cycle is still valid.
And that's the thing here, I believe.
I think we're getting rid of the 4-year cycle and that's why I think we're in depression for most of the altcoins (especially in BTC value) and they are about to face the biggest expansion in adoption and innovation in history, leading to onboarding the next billion of users.
With that said, just like any cycle, the valuations and expectations of participants are always irrationally wrong.
At this point, people underestimate the strength of a bull market for altcoins and during euphoria hours (remember: $SOL to $2K, or the next memecoin flipping $DOGE), people to overestimate further growth and don't predict a massive bear market to come.
What's the outcome?
To be honest, and you know that this is my strategy, buy utility coins and have patience.
These are the final two years to make a massive, life changing result on your portfolio.
For the next decades to come.


