Then: Consistent 0.1%+ on most exchanges
Now: -0.05 to 0.01% mostly.
3. Google Trends for "Bitcoin"
Then: 40-75
Now: ~30
4. Twitter Sentiment
5. Crypto Twitter Drama
5 months time and a lot of previous price action can do a lot to a market.
Up to you to decide whether $BTC's fundamentals have meanwhile improved or not.
The general public seems to have a darker outlook on BTC compared to Jan 2021 when price first visited the $30-40K levels.
If this Then vs Now concept is something people seem to like, I could start a little series for other periods of time or occurances. If I can get the data of course 🙂
For example: Then vs Now "Cycle tops".
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@friendtech has taken this space like storm. It's been getting a lot of traction, capital inflow and bringing up opportunities for everyone involved.
Here's all you need to know 👇
First off, it might be smart to 🔖 Bookmark this thread for future reference.
Let's dive straight in!
1. What is Friend Tech and how does it work? 2. What ways are people making profit from it? 3. Airdrop 4. What I'm doing on Friend Tech 5. How I see the future for this platform 6. How to get on Friend Tech (Getting a Code & Bridging)
I suspect $SUI has to be for Binance what $SOL was for FTX/Alameda last cycle.
A new shiny layer 1 with lots of opportunities and no bagholders.
Binance Labs has invested $300M at a $2B valuation into Mysten Labs, the company behind $SUI. This is their biggest investment in any outside project ever.
Beating Sky Mavis (Axie Infinity) by a two fold.
Right now the float on $SUI is incredibly low compared to it’s total supply.
There will be a major unlock by November 2023.
Circulating Supply now: 668M
Circulating Supply November 2023: 2.184B
That’s over a 3x increase of which more than half goes to investors.
Let's dive into the world of trading psychology! It's important to realise how our emotions can impact decisions and success in the market.
This thread could help you become a better trader 👇
😃 Excitement is common when we start trading crypto. It's new, thrilling, and there's potential for big gains. But beware - this excitement can lead to impulsive decisions. Stay calm and stick to a strategy.
2/10
😟 Fear of missing out (FOMO) is a major challenge. Seeing others profit from a coin you don't own can cause you to buy at the wrong time. Don't give in - do your research and make informed choices.
Will shortly talk about my expectations and what would make most sense from the Fed's perspective.
🔸Pause (12.2% Probability)
Likely to see market react positively but I feel like this will also cause some fear and doubt as the question will be: Is there more broken than we know?
I may consider fading any pumps following this.
🔸25bps (87.8% Probability)
The most likely and "safest" approach I think. This will still show: 1. The fight with Inflation is ongoing and the Fed is not budging that easily while inflation is still high. 2. Shows the economy is strong enough to withstand another hike.