When should you be in BTC and when Alts/DeFi (substituted by eth here)? I looked at the prior crypto cycle when ATH of 2017 (All Time High) was hit and broke. We might want to be in Alts now in 2020/21 here at similar ATH and ride it up. I don’t think Alts necessarily mean eth or old coins, but it is primarily DeFi - the current new paradigm/narrative. Old coins...
This is based off of stock 2 flow and statistical bands. In prior cycles, the cycle high tends to head towards the low range of the top s2f bands. The next s2f band bottom is 200-250k. This would be a blow-off top. The fair value could be more around 80k. I think the blow-off top will be more conservative than prior cycles because of mature money entering. Bigger...
What is in store for BTC and all Crypto markets after this crazy pump? Will it continue an upward climb, or jig-jag sideways, or see a significant drop before climbing higher? Let's compare to the last market cycle in crypto, back in 2016 & 2017. 2017 was THE run up year. It went insane. Everyone is hoping for a 2017 repeat now in 2021. I have setup a comparison...