Almost nothing but buys25 Feb 2021 09:07
yet SP drops. BTC is clearly consolidating after its pullback this week and is starting to form a base again ready for the next leg higher. KR1 hold altcoins which take their cue from BTC, but are more highly geared. The four year BTC cycle associated with the halving and the stock to flow chart clearly suggest that the rally in BTC has a good way to run, likely into Q3/4 2021. We also have significantly increased mainstream BTC adoption and integration this cycle which should help fuel the re-rate, with large companies putting crypto on their balance sheets, payment services like VISA, Mastercard and PayPal planning to integrate it into their systems and the oldest US bank starting to work with BTC. I expect BTC to be showing a clear uptrend again in a week or two with KR1 held altcoins moving up even more rapidly. Looks like a good chance to buy the dip ahead of the next move. GLA