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