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I believe that on the day the permanent solution for the war talk is announced, a nice green candle will appear in crypto. My forecast for Bitcoin is an initial dip into the 57-60 range, followed by 80-90 becoming our new normal. In the medium term, the year-end outlook is set to be above 100.00.
When altcoins fall, they will move along exactly; and when they rise, it will be Ethereum that decides how much they can follow. A very large number of ETH has moved into staking, so the actual circulating supply has dropped significantly. If demand comes in, there is a rise potential like never before.
I understand that it’s easy and not very realistic to give people hope that we’ll run from ATH to ATH again. But the people who think a bull market will never come again are also wrong—just like in any market, bears and bulls chase each other. The new bull will create the new wealthy.