EXCAVO

Thoughts on the market 21.02

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC was bigger and higher than we could have predicted - crypto investors who were scared by the downtrend, sometimes you have to recognize that there is more than just you and your friends in this world. Bitcoin can go up simply because people are buying it. No manipulator is gonna piss against the wind.



Whether it will be long will be early all depends on the portfolio for example if you have 20 positions and we go in some kind of sideways, And the one who has a more smart portfolio - look that everything is over and soon we will fall.



And as for how long will it last?

 Where are we?



We can say for sure that the early stage is over!

Projects that were more or less normal on the market - revived, at least minimally.
Now the game of inflating the bubble begins! The question is, how much will the bubble inflate?


We have new variables, what makes this bullrun different from the previous ones:
-there is a real bitcoin etf with real volumes 

-there's a big driver with etherum etf and it will have steaking and some yield.
This will also be positioned as and also attention to cryptocurrency
Now there are a lot of blockchains the whole top 100 are all blockchain, except for a few projects.
The game is getting harder. 
Now there are projects coming out that take away marketcap, I have already talked about Startknet, Layerzero and others that take away capitalization and attention, and old coins do not grow


Newcomers to the market are not even interested in Tezos or EOS, which is one of the richest projects in the industry, newcomers look at Solana, Arbitrum, Optimism, Sui, Aptos market is growing in breadth.

Now a lot of people are talking about divergences, selling and fixing portfolios

53-56 is still acceptable, but especially if we see the reaction of altcoins, and we see it, we go down a bit.

Altcoins are a little bit scary, so it's easier to go up without extra passengersStay in touch

Best regards EXCAVO


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