Degen

June 24, 2024 4:20AM update
It's been a while since crypto put in the fear / panic into buyers and holders. I'd imagine if there is some really intense sell-off, it's fast and quick this week itself prior to end of month. 

I'd expect $54000 on $BTC, a solid -15% weekly drop
Alts I'm watching to buy: $TON $SOL $ETH $PENDLE $DEGEN

Roughly another 20-30% drop I'd imagine. Unless something truly exogenous is happening, I'd say that's a good level for me to buy more.

Not investment advice

Positive news like Solana ETF + BTC sitting at range low, ETH ETF talks by Gensler.

Maybe not necessary for panic shakeout. Maybe the panic happened but without actual price needing to shakeout due to sheer fear + short positioning?

High chance (80%) we're at the bottom BTC @ 60k, SOL @ $120, ETH @ 3300, Degen @ 0.0085 

Low chance (<20%) maybe -10% across the board

Husband. Foodie. Ex Antennae Ventures. Dog lover!

My 3rd crypto cycle (2016),  Incoming rate cuts, global liquidity M2 supply will rise and it's an US election year with crypto politics. All markets are going to rise, re-elections. 100 $degen