Total Mcap: Market is filtering the panic sellers before the next parabolic phase starts. We have seen this happen before 2017 and 2021 Altseason.
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If you look at chart, The Bull trend is intact and we should see parabolic pump in next 4-6 months due to these bullish factors
• M2 money supply is exploding
• The FED will end QT and potentially begin quantitative easing (QE).
• 3-4 rate cuts in next 6 months
• US stocks hitting new highs
• Gold hits $30 Trillion and historically, when gold reaches its peak, a portion of that capital tends to flow into Bitcoin. This can lead to a sharp, parabolic rally in Bitcoin once gold stabilizes.
• US Govt will pass many crypto-friendly regulations
• 155 altcoin ETFs files which should be approved once shutdown ends
Trust the Data, Ignore the FUD.
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