My current read on the market is that we are at the end of our multi-week pullback after a two month bull market breakout that started this entire bull cycle.
Essentially, we saw the top names pull back 25% to 40% from their highs, and Bitcoin has yet to break under 80k, suggesting the strength in the market will continue. We got through a lot of noise and doomer takes from the timeline, with sentiment completely reset, as well as leverage and all momentum indicators.
This makes me very, very bullish for the EOY rally, and I stand to believe that the Q4 rally starts this week at the end of October.
Be more bullish.
bitcoin:native zcash:native hyperliquid:native
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T. Rowe Price has $1.86 trillion in AUM.
Blue Macellari, their Head of Digital Assets, just told us they are actively bringing their clients into Bitcoin and other crypto assets.
This is the secular trend shift that I continue to bang on my chest about.
There is trillions of dollars of capital coming onchain in the next few years.
Do not fade the tokenization supercycle.
@TRowePrice_DA @therollupco
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