CRYPTO: THE COMING YEAR

NEW INSIGHTS & PREDICTIONS FROM INDUSTRY INSIDERS

It’s been an insane year for all things crypto related. Every stock highlighted here at STNN since January 2023 has doubled, tripled or even quadrupled. (witness BITF, DAPP, BLOK, GDLC, ETHE, MSTR, COIN and GBTC, RIOT and (calculated speculations) BITF and WULF can all be had in a normal stock trading account as explained in previous posts)

Although charts indicate two likely scenarios, (a run to around 50,000 or to 44k before a pullback) IMHO we are near now time-wise to both of them. Get on your toes and up to speed so you can make this work for you!

For long term accumulaters (HODLers) this means little, but for newcomers this could soon offer a SECOND CHANCE to start a position at a 25 to 30% discount to where we are now.

Why should you care? Because of where bitcoin and all things crypto may be headed in the immediated future, as in starting in a few weeks…

(*NOT FINANCIAL ADVICE. ALWAYS DO YOU OWN RESEARCH*)

Take 5 minutes to read the whole thing.

In fact, print it out and stick it on your fridge.

I don’t care whether anyone is “going to be using bitcoin” or whether the NWO eventually “bans crypto” or whether it “remains free or confidential”.

This is simply an asset class whose time has come. Big Money (“Wall Street) is poised to pour HUNDREDS OF BILLIONS into this sector.

As with most bull markets and manias, this one will eventually leave the little guy holding the bag. That’s not now. This is the ramp up phase where the big guns make it easy for you (retail investor) to get on board.

Then (historically) comes a multi-month (or year) PUMP, with every magazine from AARP to Nat Geo screaming “WHY THE MODERN INVESTOR MUST OWN CRYPTO RIGHT NOW” and the average bloke will go from a current ZERO percent allocation to 10% or more. That’s TRILLIONS of dollars of new demand.

You’re not going to be too greedy or a “set it an forget it” type. Your plan is to make money and then move on.

Nothing here is financial advice. Do your own due dilligence, but DO IT, NOW, especially if we get a nice pullback in the coming days and weeks which is likely, whether from right here around 42,000 bitcoin or from higher around 50k. It always happens. Remember the old saying, “Sell Rhino horns, Buy fishing lines”. If you see charts that resemble these (especially within the context of a crypto bull market), you’ll know what to do (hint: we are likely near the tip of a short-term rhino horn, soon to be followed by a fishing line/buying opportunity)

Do this right, and you’ll be able to take that dream vacation next summer, pay off that mortgage, tell your boss to shove it, or just start building a nest egg.

Read!

Intro: Entering the Mainstream Era of Crypto 03 Prediction

1: Bitcoin will trade above $80,000, setting a new all-time high. 04 Prediction

2: Spot bitcoin ETFs will be approved, and collectively they will be the most successful ETF launch of all time. 05 Prediction

3: Coinbase’s revenue will double, beating Wall Street expectations by at least 10x. 06 Prediction

4: More money will settle using stablecoins than using Visa. 07 Prediction

5: J.P. Morgan will tokenize a fund and launch it on-chain as Wall Street gears up to tokenize real-world assets. 08 Prediction

6: Ethereum revenue will more than double to $5 billion as users flock to crypto applications.

7: Taylor Swift will launch NFTs to connect with fans in new ways. 10 Prediction

8: AI assistants will start using crypto to pay for things online, affirming crypto as “the native currency of the internet.”

09 Table of Contents 2 | The Year Ahead:

10 Crypto Predictions for 2024 | Table of Contents Prediction

11 Prediction 9: More than $100 million will be staked in prediction markets, which will emerge as a new “killer app” for crypto.

12 Prediction 10: A major upgrade to the Ethereum blockchain will drive the average transaction cost below $0.01, paving the way for more mainstream uses.

13 Bonus Prediction: 1 in 4 financial advisors will allocate to crypto in client accounts by the end of 2024. 14 Scorecard: Bitwise’s 2023 Predictions 15

click for the whole article. It’s excellent, and a good educatoin for newcomers as well:

https://s3.amazonaws.com/static.bitwiseinvestments.com/Research/Bitwise-The-Year-Ahead-10-Crypto-Predictions-for-2024.pdf