

merlin
1.3K posts

@Lukenum
Trader | Educator | Lifelong Learner








#Bitcoin has bottomed here at $15.4k




@chrono_chartist Has the highs for BTC changed for you given where we are now? I thought you planned for 105,000 or around there but given that we are almost there and yet your high for the market is March I thought maybe your number has changed a bit.




Because a rotation was always inevitable. People who made 100x on SOL for example when they bought at $3 realize they can maybe make another 3-4x from current levels if SOL ever makes it to $1,000 or they can make another 50-100x from the coins that haven’t pumped much at all and are down 90+% from prior highs. Why this manages to surprise people every time baffles me. Dinos like $DOGE have repeated the 85% drawdown cycle like 4 times now. ADA went from 2017 highs down to .02 and then to $3+ after that. People bought memes with zero fundamentals because they believed the upside potential was high and you think they won’t buy “dino” coins (regardless of fundamentals) for the exact same reason? Have said it for ages- everything will pump. Just need some big green candles to get the ball rolling and that’s what we’re seeing now.










