| The quantity that really issues isn't the $50okay goal Everyone seems to be freaking out as a result of Normal Chartered simply reduce their 2026 $BTC prediction from $150,000 right down to $100,000. However that long-term guess is just noise. Here is the info point it is best to truly care about: the typical purchaser entry worth is presently sitting at $90,000. Meaning the typical holder is underwater right now. Whenever you combine that with ETF outflows and a weak US financial system that isn't getting fee cuts anytime quickly, the setup appears heavy. The bank thinks we might check $50,000. If that occurs, it's as a result of all these consumers at $90okay begin capitulating. If we truly flush right down to $50okay, do you will have dry powder left to purchase, or are you already all-in from the top? [link] [comments] |
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