Hello Everyone!
Volatility has come back with a vengeance… I wanted to show this first thing so we have a visual of just how wild the swings have been:
In the span of less than a day, Bitcoin has made four nearly 10,000-dollar price swings. It even briefly made new ATHs at 109.3k.
Donald Trump’s highly anticipated inauguration is now complete as the US takes a much more positive outlook on crypto. Talks of making Bitcoin a strategic reserve asset have been made, and the new President and now First Lady have both introduced their own meme coins. I’ll be sure to share my thoughts on that in this newsletter.
Technically speaking, Altseason has already begun. But many Altcoins have not seen the benefits of it yet.
As I shared in “A Map for the Crypto Finale” there are phases to Altseason. I believe we preparing for phase 2 which according to Altcoin strength metrics is the most important time for Alts.
The cycle is chugging on just as anticipated, distractions are coming from every direction to keep you from seeing it until the end.
People are vastly underestimating the potential of Altcoins this cycle. The fact that people are questioning their viability speaks to how far we’re in. When Altcoins are tapped out, no one will be questioning them.
Let’s jump into today’s newsletter!
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