Is the crypto rally reversing?
 

Any thoughts?

There are no healthy ups without some occasional downside. When in doubt, zoom out.

BTC yearly lows:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $38,620 (so far)

Bitcoin will always be fine in the long run because it isn't controlled by centralized orgs/groups, it's a math-based protocol. Can't say the same for the 20,000 altcoins out there that are controlled by humans who have emotion and greed.

The dropping is good for now after a small bull run, graphs showing that is healthy and waiting more to drop, so great time for last buys ;)

Bitcoin was running up like crazy. Released that Bitcoin ETFs were going to happen. Then Bitcoin started dropping.

Insider trading is so obvious now.

to the mooooooooooooon

It will never get to 70k again

The more I crunch the numbers, the more I am convinced that BTC will finally hit $100K soon... very soon. I'm tempted to say end of 2024 but BTC has shocked me too many times to even guess.

I guess I'll just settle for being PLEASANTLY SURPRISED :)

Overly bullish on fiat won't end well. Nor will ignoring math & logic.

Fiat = inflation + war

Ron Paul = free trade, REAL STORE OF VALUE (aka btc or gold), free flow of investments = more GLOBAL prosperity built on REAL (not paper) wealth

Exactly... and don't forget, fiat system also means corrupted, greed-driven, and theft.