Ah, predictions. Who doesn’t love guess made in public?
The issue with predictions is that whenever you’re proper, it’s a coincidence, and whenever you’re flawed, individuals make enjoyable of you.
I don’t dabble in predictions.
That stated, we are able to set some life like expectations, can’t we?
From an on-chain perspective, the market’s beginning to rebuild the muse it misplaced earlier this 12 months.
Let’s look solely at Bitcoin. Wherever Bitcoin goes, the remainder of the market at all times follows. We are able to use Bitcoin to get a way of what we are able to anticipate within the subsequent few months.
New handle development has ticked up after trending downward for many of the 12 months.
Among the many cohorts of present wallets bigger than .1 BTC, we see development, too.
Stablecoins proceed to rise.