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Some quick thoughts on Bitcoin weekly chart 1. $38k is important. Was a key support level in the 2022 downtrend before finally breaking below. We had a rejection at that level last week and it looks like it's happening again this week. 2. Looks like a Tweezer Top pattern is forming which often signifies a change of direction in price. [https://fxopen.com/blog/en/what-are-tweezer-top-and-bottom-candlesticks-in-crypto-trading/](https://fxopen.com/blog/en/what-are-tweezer-top-and-bottom-candlesticks-in-crypto-trading/) 3. Given the above, i do think price pulling back and consolidating for some time could well be possible, with $32k a good level to try and confirm as support. Hold that and have another crack at breaking up into the $40k level in the new year is one possibility, which in the mean time should give some alts the chance to fly **https://www.tradingview.com/x/BZZ6FLsA/**
Totally. IOU's are usually severely overvalued. I've see this play out with BZZ, ETHW and OP. Based on the marketcap, I expect ARB to trade around $1.2 on the drop day
Fact: GMT is objectively overpriced right now in terms of fully diluted market capitalization. Fact: Initial pump is thing. Look at ICP or BZZ charts. Fact: why would people buy more than sell a coin that is being distributed for free? Fact: no one here knows shit about fuck, myself included. It can go up, it can go down. For real.
Data is the new gold and needs to be stored => Decentralized Storage => Web 3.0 Data => BZZ
Max total supply is below 67M BZZ and circulatings supply even lower: https://etherscan.io/token/0x19062190b1925b5b6689d7073fdfc8c2976ef8cb
> The current true Market Cap is currently somewhere between 100M $ and 200M $. There are currently no reliable crypto market data providers available which accurately track the live, circulating BZZ supply How did you arrive at $100-$200M?
Prices will skyrock soon! Buy cheap BZZ now🤑