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Degens Deteriorating
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$BTC booming now β€” while $SOL/$BTC and $ETH/$BTC ratios remain rather flat

Notice how back in the 2021 run-up, $BTC also boomed hard first, with $SOL/$BTC and $ETH/$BTC ratios remaining rather flat

β€” Right before $SOL and $ETH caught up, and began their booms

$BTC leading the booms,

and then with a bit of lag,

the rest catch up and boom far harder

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🚨🚨 Massive 24h gains of over 11% for $BTC

Long time since we’ve seen BTC ripping like this

Incredible

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Where will Bitcoin MVRV top out this cycle?

Hard to nail down an exact trend-line here, and perhaps the trend line should be curved, as the log-log theory suggests, and not straight

β€” But looking like perhaps it should top out around 3.0 this cycle, likely not straight up

What does that mean for price? Not clear.

What is clear is that if $BTC MVRV reaches ~3, then watch out.

Either way, plenty of upside room to grow

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Fair assessment

Yes, once the $BTC pump feels tapped-out for the moment,

Those $BTC gains are going to flood into the smaller coins, mooning tf out of many of them

Here comes the memecoin & altcoin boom we’ve all been waiting for

Get ready

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BREAKING: Republicans win House, Senate, and Presidency

Grand slam for the right

Huge for crypto

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