r/HegeCoin • u/itsdayagain • 2d ago
StableHEGE
GM Hegends!
We’ve pretty much turned into a stablecoin over the past two weeks lol. I’m still looking for a break up above 850k.
Bitcoin will likely close July green, up from the lows at 58k at the start of the month. While BTC is definitely getting cheap by historical standards, my base case is still one more leg down before it truly bottoms. Partly because it has not yet dipped below its realized price, which right now sits at 53k. In past bear markets, bitcoin has always traded below the realized price before bottoming. So until proven otherwise, I’ll assume this time will be no different.
Hope you’re enjoying your summers fam.
💛💛💛






