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PrimitiveMoney
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BTC
||████||———<>———||████||
BONK
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Perfect barbell strategy.
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#BONK
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BTC
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-0.35%
BONK
0.00001586
-6.26%
4
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PrimitiveMoney
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Life got so much less stressful when I became a BTC <> BONK barbell maxi for the rest of this cycle. BTC has been consolidating around all time highs. I don't think we see a full alt coin rotation with btc.d significantly dropping. But some will send. I think Bonk is one.
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I think the narrative and money flow will go as follows: BONK sends first and people will have missed its big move from here again. They will chase beta like they always do. Small cap memecoin cycle on SOL starts again. @bonk_fun coins do better than most because BONK is sending so even more top of mind. I'll remain Useless in Spot while watching Hosico. Buying here for later.
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100M+ market cap or bust. I want to see @bonk_fun win. With it you get a much less extractive version for launching coins and a massive buy and burn for BONK. Also BONK to 10B
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BONK hasn't started it's real run. It's been testing up against this longer term resistance. Once cleared I think we see the true explosive move. I don't believe we see a full alt coin cycle. If BTC moves up and risk is back on my view is we have a rotation of a few alts, not across the board bucket move of all alts. How people source information of what to buy has changed the last years. People will chase and buy beta and not do as well. Hold BTC and begin allocating for what should be large moves of a few. My bet is on a handful of L1s and top memes. Week long runners of new names that see big corrections quickly, I don't play those well. I will continue to use BTC and BONK as my barbell strategy going into the second half of the year.
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