One of the funniest things about crypto bear market is all these founders bragging about their exit (and teaching others how to “make it”) when their seed investors are down 50 - 90% on their acqui-hire bailout.
$BTC
Seems like people have forgotten what a bear market rally is.
I’d be bullish too if I’d longed the entire move down and was now desperately trying to claw my money back.
Unfortunately, that isn't the case.
Do people really think we’re going to V-shape recover out of a bear market without any prolonged chop or range bound price action?
Just look at how parabolic the S&P 500 has become.
Do you seriously think $BTC is going to keep outperforming once that momentum finally stops?
I don’t think so.