IF ETH CLOSES ABOVE 2,500 IT WILL FLY TO $2,800 IN NO TIME | news crypto pk on Binance Square

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IF ETH CLOSES ABOVE 2,500 
IT WILL FLY TO $2,800 IN NO TIME 
AND ALTCOINS WILL EXPLODE$ETH 

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Yesterday we argued that Bitcoin would continue to outperform altcoins as we have argued since January 14 (here) and despite some mini-altcoin rally overnight, we still believe this is the case on a medium term basis. Bitcoin has surged past $100,000, yet retail chatter and FOMO in alt markets remain eerily muted. Venture funding is drying up, and over $4.5 billion in tokens are unlocked monthly, putting pressure on prices. Sure, there can be mini-altcoin rallies, but can they last? We’d have loved to ride that 20% overnight ETH surge, but no complaints here—we’ve been bullish on BTC ever since it broke the $84,500 trend line (here). But our tactical ‘altcoin’ model is flipping towards an altcoins preference—so if Bitcoin keeps$BTC

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#USStablecoinBill bility at Risk? The Stablecoin Bill Splits the U.S. and the Crypto Community. The future of stablecoins in the U.S. is hanging by a thread. What once looked like a solid step toward clear regulation is now stalled after last-minute political withdrawals.$BTC

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