“Had to buy it all back, do you forgive me? I pinky swear, I’ll never take profit again.”
“Each #Altseason is smaller than the previous ones. And this is why I tell you to focus more on DYOR. In 2017, any random ICO pumped 100x. In 2021, any VC backed alt pumped 50x-100x. This time, very selective alts will outperform. Look for those alts with strong narrative and revenue sharing.”
“This is not alt season.
This is ETH season
Let’s not confuse the two”
“Bitcoin’s correlation with the Nasdaq helps explain recent price action.
When stocks dropped sharply late last week, Bitcoin followed. That’s what you expect when correlations are elevated.
Now that the Nasdaq is resuming its uptrend, Bitcoin is moving with it again.”
All eyes will be on the broader macro picture moving into next week to see what Bitcoin’s next move will be, and how long this alt season may last.
