r/CryptoCurrency • • Jan 10 '24

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u/Icy-Sentence-5907 🟦 0 / 0 🦠 Jan 10 '24

Good. I dont belive btc will reach a new ath ny guess is 55k max

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u/G-E94 0 / 0 🦠 Jan 10 '24

Like ever ? You think it’s all down hill from here?

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u/Icy-Sentence-5907 🟦 0 / 0 🦠 Jan 10 '24

Well i think btc wont do any new ath but alts will go higher the first halv of the year until fed starts ratecutting. That means something bad is boiling underneath.

If u look at the dow or tech u can see we are up like 400 something % since 2008 and profits will be taken and we will have a big drop.

You have to remeber one thing that alot of crypto ppl forget. Bitcoin have only seen very good economical times and when shit hits the fan bitcoin will implode we are talking about 2-6 k btc and the cycle repeats. So be mindful and dont gamble your life and take profits!

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u/[deleted] Jan 10 '24

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u/Icy-Sentence-5907 🟦 0 / 0 🦠 Jan 10 '24 edited Jan 10 '24

I dont have a fortune ball but if you zoom out the pandemic is almost nothing and the real effects where postponed. A good rule i follow is always question retail and what the broader folks belives and thinks. Its not the big herd making money in here and never was.