Today and the day before the prices for crypto have been stagnant. This is mostly due to people buying crypto and an equal amount of people selling their crypto. That is why we see this balance. In my opinion it is at a resistance level, but once it breaks this level , gains will be exponential. The reason I came to this conclusion is because all hands point toward an increase in crypto gains. Firstly because global liquidity has gone up exponentially, the two biggest economies in the world have lowered their interest rates, this means that more people will start borrowing money which also means that their will be more money changing hands, which in turn means more money that people will have to invest in riskier assets such as crypto. Will we see a 100k BTC price this December 2024? It could happen but I personally think it will happen in 2025 or be real close to it like 92k for example. The best way to prepare for this huge surg is to be ahead of the curve, crypto hasnt really made any headlines yet, once you start seeing new headlines on crypto, thats when everyone will want to start jumping on the bandwagon, and its also likely the we may hit the Extreme Greed section on the Fear and Greed Index.

Here's todays Fear and Greed index :



Update: BTC just dipped to 61k, it may dip all the way to 58k.

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