Ah, predictions. Who doesn’t love a superb guess made in public?
The issue with predictions is that once you’re proper, it’s a coincidence, and once you’re incorrect, folks make enjoyable of you.
I don’t dabble in predictions.
That stated, we will set some sensible expectations, can’t we?
From an on-chain perspective, the market’s beginning to rebuild the inspiration it misplaced earlier this 12 months.
Let’s look solely at Bitcoin. Wherever Bitcoin goes, the remainder of the market all the time follows. We are able to use Bitcoin to get a way of what we will count on within the subsequent few months.
New handle progress has ticked up after trending downward for a lot of the 12 months.
Among the many cohorts of current wallets bigger than .1 BTC, we see progress, too.
Stablecoins proceed to rise.