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Altseason Delayed Again Because Apparently We Need Two More Price Targets to Hit

BitcoinEthereumHack 1 Barry Thompson August 15, 2024

An illustration of a clock with hands moving very slowly. The background shows two lines representing the paths of Bitcoin and Ether prices on a graph that has not moved much since February lows. A small image of Solana's logo is stuck to one side of the clock face while another smaller image of Bitcoin is attached near the 12 o'clock mark, both with faint arrows pointing upwards but moving very slowly towards their respective price targets marked by two red lines on either side of each graph line. The overall atmosphere conveys a sense of delay and stagnation.

Oh boy do I love it when these self-proclaimed crypto “experts” come out with their ridiculous predictions. So now we need Bitcoin to breach $70K and ETH needs to hit $4K for altseason? Who comes up with this stuff? It’s like they’re trying to make a game show or something – “Crypto Bingo: Guess the next arbitrary price target!” Meanwhile, I’m over here thinking that maybe these so-called experts should just stick to their day jobs… you know, whatever those are

Source: cointelegraph

Bitcoin needs to breach $70K, ETH $4K, for altseason start — Arthur Hayes
https://cointelegraph.com/news/bitcoin-70k-ethereum-4k-altseason-solana-250
The market rally in the altcoin sector, also known as altseason, could be delayed until 2025, depending on key price levels from the world’s two largest cryptocurrencies. For the altcoin sector to start its bullish rally, both Bitcoin (BTC) and Ether (ETH) need to reclaim key psychological levels, according to Arthur Hayes, the co-founder of BitMEX and chief investment officer of Maelstrom Fund. Hayes wrote in an Aug. 12 research […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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