I've NEVER Seen Crypto Markets Like This Before! (FINAL WARNING)
Altcoin Daily
Market Analysis
The crypto market is experiencing a unique phase, with Bitcoin consolidating above $90K. Despite the favorable backdrop, many people are feeling negative due to poor performances of low-cap meme coins.
Expert Insights
- Marianne Bartels, chief investment strategist, remains bullish on the market, predicting a secular bull market until 2030 with potential targets of 7,200 to 7,400 on the S&P.
- Anthony Scaramucci believes Bitcoin's current price is where it should have been years ago, citing delayed regulatory approvals as a factor.
- Scaramucci predicts a good year for Bitcoin, with potential institutions entering the market, and likes Solana over Ethereum due to its faster speed and lower gas fees.
Bitcoin Strategic Reserve
- Scaramucci thinks a small-scale strategic reserve is likely to happen, with David Sacks' delay being a smart move to ensure bipartisan buy-in.
- He believes the US will want to own Bitcoin as an asset, similar to other strategic reserves.
Meme Coin World
- Dave Portnoy is frustrated with the meme coin community, feeling that they are hindering the growth of his token, Jail Stool, by sniping and being greedy.
- He wants to build a real meme movement, but feels that the community is too short-sighted and selfish.
Overall Sentiment
- The speaker believes crypto is going higher this year, despite bad sentiment, which can be a good market indicator.
- They recommend buying quality crypto assets and subscribing for daily market updates.