Lekan Olanrewaju SparkChain.AI
1.8K posts



CATHIE WOOD: THE WORST IS LIKELY OVER FOR BITCOIN Cathie just laid it out pretty clearly and says the last 2–3 months were basically the aftershock from the Oct 10 flash crash -- a Binance software glitch that forced ~$28B of deleveraging across crypto. Bitcoin took the hardest hit because it’s the most liquid asset. That unwind is mostly done & now the debate has shifted to the 4-year cycle. Are we still in the downside phase? Cathie’s answer: probably not. She sees $BTC likely basing in the ~$80K–$90K range, then moving higher once that consolidation does its job. Institutions aren’t questioning if #Bitcoin belongs anymore -- they’re figuring out how to size it as a new asset class with low correlation. The forced selling looks behind us. What comes next is positioning. 👀

Was Binance a key factor behind the market weakness over the past few months? 🤔Leave your thoughts here.

@Chiefkuzi You did not make the right choice destined for you oh; cos why you go dey support Arsenal🌚🌚🌚







