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/biz/ - Business & Finance

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5673849 No.5673849 [Reply] [Original]

So the BTC "dominance" fell to 38% of the total crypto market cap, the same thing that happened last time at June 19 when it was $2.5k before mooning to $20k just half a year later.

Is this a sign for $100k by summer next year?

>> No.5673931

>>5673849
No

>> No.5673946

Join this pump group if you don't hate free money.

https://discord.gg/6BAAvpM

>> No.5674022
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5674022

>>5673931
>>5673946
I love /biz/.

>> No.5674033

>>5673849
Lol, no. It's over. The recent rise was just a dead cat bounce. It's going sub 30% soon.

>> No.5674034

it's going to 30k at least
never underestimate BTC.

>> No.5674189

>>5673849
Back when that happen it was driven by mainly 2 things.
1- China ban on crypto and since everyone knew most miners were based on China people freaked the fuck out because they didn’t know how it was going to go down, people feared similar moves in other countries and just chased out.
2-bad press, and constant shilling (the price of btc is 0 Bla Bla) while China was moving to regulate crypto and other institutions were calling for tighter control in other countries, later it was know these fuckers were buying btc while spreading fud.

Anyhow, now the situation is different, gauge the community, people no longer fear the government banning crypto etc, they have lost their trust in btc and it’s capacity to adapt in the future to an ever growing market, a market which now has cryptos that can do what bitcoin does and better, btc went to be a brand name, but with Normies getting btfo is there anybody left who believes in btc?
I know I don’t, I moved to ETH long a go.